Bitcoin rebounds past $74,000; Ether briefly tops $2,100! $203 million liquidated across the market in 24 hours
The cryptocurrency market recovered in the early hours of November 12, Beijing time. Bitcoin briefly broke above $74,000, while Ether also briefly surpassed $2,100. CoinGlass data at the time showed that 66,730 people had been liquidated over the past 24 hours, for a total of $203 million.
The previous day, Bitcoin had fallen below $73,000 and Ethereum had neared $2,000. In the early hours of the 12th, prices of the two leading cryptocurrencies rebounded.
Bitcoin hits $74,710; Ether briefly tops $2,100
Coinbase's one-minute BTC-USD candlestick chart shows that Bitcoin reached a high of $74,710 during the minute beginning at 1:22 a.m. on November 12, Taipei time.
During that same minute, Coinbase's ETH-USD market price peaked at $2,101.88, but closed the minute at $2,098.86. Ether's rally briefly took it above the $2,100 mark.
More than 66,000 liquidated in 24 hours; largest single liquidation in the sample occurred on Hyperliquid
As prices rebounded, CoinGlass data at the time showed that 66,730 people had been liquidated over the past 24 hours, with total liquidations amounting to $203 million.
In the data sample, the largest single liquidation was in BTC-USD on Hyperliquid, amounting to $4.9854 million.
The cryptocurrency market recovered in the early hours of November 12, Beijing time. Bitcoin briefly broke above $74,000, while Ether also briefly surpassed $2,100. CoinGlass data at the time showed that 66,730 people had been liquidated over the past 24 hours, for a total of $203 million.
The previous day, Bitcoin had fallen below $73,000 and Ethereum had neared $2,000. In the early hours of the 12th, prices of the two leading cryptocurrencies rebounded.
Bitcoin hits $74,710; Ether briefly tops $2,100
Coinbase's one-minute BTC-USD candlestick chart shows that Bitcoin reached a high of $74,710 during the minute beginning at 1:22 a.m. on November 12, Taipei time.
During that same minute, Coinbase's ETH-USD market price peaked at $2,101.88, but closed the minute at $2,098.86. Ether's rally briefly took it above the $2,100 mark.
More than 66,000 liquidated in 24 hours; largest single liquidation in the sample occurred on Hyperliquid
As prices rebounded, CoinGlass data at the time showed that 66,730 people had been liquidated over the past 24 hours, with total liquidations amounting to $203 million.
In the data sample, the largest single liquidation was in BTC-USD on Hyperliquid, amounting to $4.9854 million.