🚀 Bitcoin price broke above $30,000 for the first time since early August, perhaps boosted by speculation of spot BTC ETF approval in the US! 💸
🌟 Many altcoins have performed similarly or even better in the last 24 hours, leading to massive liquidation of short-term traders.
📈 BTC hovered around $28,000 for a few days, but broke above $29,000 on Friday morning and the bulls pushed the price as high as $30,300 (on Bitstamp).
🥳 Although currently just under $30,000, BTC has gained more than 5% on the day and its market dominance has increased to almost 52%.
💚 Altcoins are also in the green! XRP surges above $0.5 after another victory against the SEC. SOL rose by double digits to its multi-week peak of $27.
😵 These bull moves caused great trouble for those who took leveraged short-term trades. The total value of liquidated positions reached over $100 million on a 24-hour scale, with short-term transactions accounting for approximately 80% of the total amount.
🗣️ So, do you think this rise will continue? We are waiting your comments! 💬