While Bitcoin Reached $37,000, This Altcoin Declined!

Bitcoin continues its rise as optimism about the spot Bitcoin ETF continues to grow.

At this point, as BTC reaches $ 37,000, investors’ risk appetite increases.

While the sentiment in the cryptocurrency markets continues to be positive, altcoins such as Solana (SOL) and Chainlink (LINK) have recorded good increases.

While BTC and most altcoins experienced increases, XRP experienced a sudden 5% decline.

While the reason for this decline is unknown, according to Coinglass’s data, an XRP position of $ 863 thousand was liquidated in the last hour.

Of these, 777 thousand dollars consisted of long positions and 86 thousand dollars consisted of short positions.

*This is not investment advice.