According to the latest data, Bitcoin price has gained 2.3% with a sudden movement from around $ 25,800 and is trading at $ 26,200 at the time of this writing.
It was observed that altcoins followed BTC, although proportionally lower. Ethereum price increased by 1.28%, BNB price increased by 1.12%, and XRP price increased by 0.97% in the last hour.
Among the 100 largest cryptocurrencies, the ones that increased the most in the last hour were ALGO, LTC and LINK.
When we examine the liquidation data, we see that approximately 28.33 million dollars of liquidation took place in the cryptocurrency market in the last hour. Of these, $23.75 million was in short transactions and $4.59 million was in long transactions.
The most liquidation was in BTC with $ 17.87 million, followed by ETH, TRB and SOL.
A high-importance news that could trigger this rise did not fall this evening, but the news that JPMorgan will launch a Blockchain-based token was one of the positive developments of the day.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/bitcoin-surges-suddenly-whats-the-latest-data/