Bitcoin Nears All-Time High, Surpasses $65,000 Milestone

Bitcoin's market capitalization stands at $1.29 trillion, with a 24-hour trading volume of $41.8 billion.

The price of Bitcoin surpassed the $65,000 milestone on Monday during the early hours of the European morning, edging nearer to its all-time high of $69,000 recorded in November 2021.

Currently, Bitcoin is trading at $65,388.6 with a one-hour liquidation total of $12.36 million, while Ethereum, priced at $3,531.01, has a liquidation value of around $2.6 million within the same timeframe.

Bitcoin’s liquidation amounted to $80.91 million, while Ethereum’s reached $31.05 million in the past 24 hours.

Over the last day, 90,352 traders experienced liquidation, resulting in a total of $255.59 million in liquidated assets.

Bitcoin Market Cap Chart — Image Source: CoinMarketCap (Bitcoin’s Market Cap in 24 hours)

According to CoinMarketCap, Bitcoin’s price surged by approximately 5.8% in the last 24 hours, while Ethereum experienced a 3.6% increase. Bitcoin’s market cap even surpassed $1.3 trillion, with a 24-hour trading volume of $41.8 billion.

Also Read: Bitcoin NFTs Surpass Ethereum in Weekly Sales Surge

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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