More than $100 million was liquidated after Bitcoin approached $44,000
After days of trading at around $42,000, Bitcoin finally turned aggressive and reached $44,000 a few hours ago. Its latest push resulted in more than $110 million in liquid over the past 24 hours, with short positions accounting for $76 million of the total. Liquid Bitcoin accounted for $40 million of that amount, while Ethereum (which breached the $2,300 mark) was next with almost $25 million. Other altcoins, such as Solana and Cardano, are also on the rise, up 6% and 8%, respectively.The total value of the cryptocurrency market increased to nearly $1.75 trillion, while Bitcoin's dominance of altcoins remains at around 52.5%.
