#BTC #Bitcoin-BTC #BTC BITCOIN EXPERIENCE A SUDDEN SURGE,ADDING NEARLY $1000 TO ITS PRICE IN MERE MINUTES
Bitcoin, the flagship cryptocurrency, has added nearly $1,000 to its value following a sharp increase in volatility within the cryptocurrency market.The top coin reached an interday high of $35,579.Bitcoin has emerged as the second-best performing cryptocurrency among the top 10 by market capitalization (behind only Solana).Data from Coin-glass,a cryptocurrency analytics platform,reveals a significant number of short positions have been liquidated in the past hours.In total, $7.83 million worth of liquidations occurred, with a staggering 89.18% of those being short positions.
Binance,a leading cryptocurrency exchange,saw $3.41 million in liquidations,86.34% of which were shorts.Similarly,OKX experienced $2.55 million in liquidations with an even higher percentage of shorts at 97.35%. According to data provided by CoinGecko,Bitcoin is up 1.1% over the past 24 hours.