Bitcoin, which has been experiencing a volatile period since April, has seen a rise after a long time by surpassing $30,000 in the last few hours. Bitcoin, the world's largest cryptocurrency by market capitalization, surpassed $30,000 for the first time since April 19th today. According to TradingView, the price rose to $30,003 with a 5.95% increase in the last 24 hours. Bitcoin reached its highest level around $30,800 during this surge.
With the recent surge in Bitcoin, significant volumes were liquidated from the market. According to Coinglass data, a total of $26.98 million was liquidated from exchanges.
The largest liquidation volume occurred on the cryptocurrency exchange Binance. More than $26.81 million in short positions were liquidated on Binance. Following Binance, OKX experienced liquidation of short positions totaling over $19 million.
Bitcoin's price surge coincided with a period when the United States adopted a crypto-antagonistic stance.
