Bitcoin Rally Continues: What’s Happening on Crypto Exchanges

In recent days, the cryptocurrency market has shown significant volatility. Yesterday and today, Bitcoin continues its rally, leading to noticeable changes on crypto exchanges.

Yesterday’s Events:

Bitcoin: The price of Bitcoin reached $60,485 yesterday, up 1.35% from the previous day.

Ethereum: Ethereum also showed growth, reaching $2,596.1, up 0.19%.

Trading Volume: The total trading volume on crypto exchanges increased to $2.5 trillion, marking a significant rise.

Today’s Events:

Bitcoin: Today, Bitcoin continues to rise, reaching $61,200, up 1.18% from yesterday.

Ethereum: Ethereum also continues to grow, reaching $2,620.5, up 0.94%.

Liquidations: Within one hour, traders on crypto exchanges lost $103 million due to forced liquidation of margin positions, with $64 million in BTC and $17.9 million in Ethereum.

Major Exchanges:

Binance: Binance saw a significant increase in trading volumes, especially in BTC/USDT and ETH/USDT pairs.

Coinbase: Coinbase also recorded an increase in trading volumes, particularly in BTC/USD and ETH/USD pairs.

Kraken: Kraken experienced a rise in trading volumes in BTC/EUR and ETH/EUR pairs.

These data points indicate that the cryptocurrency market remains active and volatile, providing traders with numerous opportunities to profit. Stay tuned for updates and keep an eye on the latest happenings on crypto exchanges!