According to the latest data, the price of Bitcoin has exceeded $ 43,000 and is trading at $ 43,137 at the time of writing on the cryptocurrency exchange Binance.
The rises come amid speculation that it is only a matter of time before Bitcoin Spot ETFs are approved by the SEC and expectations that the Fed will take more dovish steps from now on.
It is noteworthy that this level, which is the new peak of 2023 in BTC, was seen in a period when the spot gold price decreased by more than 5% in the last three days.
When the liquidation data is examined, we see that there has been a total liquidation of approximately 30 million dollars in the cryptocurrency market during the current hour, when the BTC price exceeded 43,000 dollars. Approximately 25 million dollars of these were recorded in short positions and 5 million dollars in long positions.
In liquidation data, Bitcoin took the lead with 15 million dollars, while Ethereum was in second place with 5 million dollars. In the third place, as a surprise name, ORDI, an altcoin from the ordinals type, which is a class that can also be defined as memecoins on the Bitcoin network, attracted attention with a liquidation of $ 1.34 million.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/bitcoin-price-exceeds-43000-what-is-the-latest-data-how-much-short-positions-liquidated/