Bitcоin

Bitcoin Started the Week Positively, Rising Above 65 Thousand Dollars! These Altcoins Overshadowed BTC With Their Rise!

Bitcoin, which spent April in general decline and dropped to $56,000 in May, has been on the rise for the last five days.

At this point, BTC, which entered the weekend with an increase and started the new week positively, rose above $ 65,000 today.

While this rise in Bitcoin was accompanied by altcoins, the largest altcoin Ethereum (ETH) reached $ 3,200.

Apart from ETH, Solana (SOL) exceeded $ 150, while Worldcoin (WLD) became the most profitable altcoin with a 21% rise.

While artificial intelligence altcoins attracted attention with their rise in the last 24 hours, except for WLD, Fetch.ai (FET) increased by 12.4%; SingularityNET (AGIX) gained 10.7%.

While these increases were experienced in Bitcoin and altcoins, investors in short positions were also left in reverse and liquidated.

At this point, according to data from CoinGlass, $98.6 million was liquidated in crypto futures in the last 24 hours. Of this, $71.6 million consisted of short positions and $26.9 million consisted of long positions.

Additionally, while 46,377 investors were liquidated in the last 24 hours, the largest liquidation took place in the ETH-USDT transaction on the OKX exchange.

*This is not investment advice.

Source

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