The price of Bitcoin (BTC) broke through $71000 earlier on Tuesday, reaching a new high since June, with a recent increase of 7% in the past four days. After more than seven months of sideways volatility, Bitcoin seems poised to once again challenge its historic high of around $73700 set in early March of this year.

According to Coinglass data, as Bitcoin continues to rise, the total amount of contract liquidation across the internet in the past 24 hours has reached $242 million, with nearly 73000 people being liquidated, including short positions worth approximately $174 million. The largest single liquidation occurred in the BTCUDT futures contract on the Binance exchange, with a liquidation value of approximately $18 million.

Bitcoin market capitalization accounts for nearly 60%

Bitcoin launched a new wave of upward momentum on October 11th, with an 18% increase over the past 18 days. However, the rise of Bitcoin has not driven the overall rise of cryptocurrencies. As a comparison, the second largest cryptocurrency by market value, Ethereum (ETH), only rose 9% during the same period, which has led to a continuous increase in Bitcoin dominance (the proportion of Bitcoin market value to the total cryptocurrency market value), reaching 59.75% before the deadline, setting a new high since April 2021.

At the beginning of September, Bitcoin fell to around $53000 during its last washout before this rebound, but since then it has been in a rebound trend. If we calculate from the low point on September 6th, Bitcoin has risen by about 35% in the past month.

Ethereum continues to fluctuate between $2200 and $2800, with a trading price of $2600 as of the deadline. The price ratio of ETH to BTC fell below 0.036 yesterday, reaching a new low in April 2021. The ETH/BTC ratio before the deadline is 0.0367.

According to Coinglass data, the Bitcoin Fear and Greed Index had a value of 72 on Tuesday, placing it in the "greed" zone.

(责任编辑：私募资讯)

• ·比特币为什么要挖矿
• ·meme币官方版最新下载 memeBIAN卓最新手机
• ·企业租车交税要交多少点
• ·10月31日摩根卓越制造股票A净值下跌1.02%，近1个月累计下跌1.98%
• ·一文玩转 Movement DeFi 生态 (一)｜小白版
• ·10月31日广发消费升级股票净值下跌0.84%，近1个月累计下跌4.33%
• ·瑞士交易所
• ·全面了解欧艺官网页注册与安卓安装包——轻松掌握艺术之美
• ·无形资产什么时候开始摊销
• ·天岳先进收盘涨1.01%，主力资金净流出2742.78万元
• ·鼎及贷出现0额度是怎么回事？在什么情况下会出现。
• ·中无人机收盘涨1.31%，主力资金净流出2844.92万元
• ·比特币bcc价格
• ·10月31日宏利新起点混合A净值下跌0.07%，近1个月累计下跌0.41%
• ·请问360借条绑卡失败的原因是什么？
• ·10月31日鹏华品质精选混合C净值下跌0.92%，近1个月累计下跌4.97%