Clínica Oncológica "Cancer Research"
• Bitcoin reaches a year-to-date high of $31,000. • Institutional interest and exemption from recent enforcement actions are pushing Bitcoin up. • Liquidation volumes for each cryptocurrency over the past 4 hours were $30.01 million in Bitcoin, $17.27 million in Ethereum (ETH), and $3.15 million in Bitcoin Cash (BCH).
Bitcoin surged to a year-to-date high of $31,000, buoyed by a wave of institutional interest and exemption from recent enforcement actions. As ongoing regulatory pressures ramp up towards several cryptocurrencies, Bitcoin (BTC) has shown impressive resilience, breaking the $31,000 barrier today and marking its highest close of the year. BTCUSD (Source: TradingView)
This jump comes after a prolonged period of stagnant trading, with Bitcoin wavering between $25,000 and $30,000 since March 16. The liquidation volumes for each cryptocurrency over the past 4 hours were $30.01 million in Bitcoin, $17.27 million in Ethereum (ETH), and $3.15 million in Bitcoin Cash (BCH), according to Coinglass data. These values contribute to the total 4-hour liquidation amount of $72.20 million, comprised of $13.01 million of long positions and $59.18 million of short positions.
Clínica Oncológica "Cancer Research"