Bitcoin (BTC) Price Hits $60K for the First Time Since November 2021
The massive rally has resulted in over $300 million in liquidations.
Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain. Contact Jordan: LinkedIn
The massive rally has resulted in over $300 million in liquidations.
Bitcoin is inches away from tapping $60,000.
Bitcoin's dominance over the market has shot up by more than 1% in a day.
Nearly 60,000 traders were wrecked in the past day.
While most larger-cap alts are with minor losses, a few of the mid-cap cohort are with massive gains today.
Google search data suggests that retail investors are still absent from the Bitcoin landscape.
UNI has finally retraced hard after the recent price explosion, but remains above $10.
FIL is among the few larger-cap alts that have produced substantial gains in the past day.
Nearly 100,000 traders have been liquidated in the past 24 hours.
Traders involved with ETH are responsible for the largest share of the total liquidations.