As bitcoin’s value surged to $ 52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest. Currently, global metrics from the last 90 days reveal the search term “bitcoin” holds a score of 36 out of 100, significantly less than when bitcoin first exceeded the $ …
The price of bitcoin soared past the $ 52K milestone on Wednesday, reaching $ 52,056 per unit on Bitstamp at 10:05 a.m. Eastern Time. Bitcoin’s meteoric rise over the past day triggered a wave of liquidated leveraged positions, wiping out $ 89.28 million in short positions. ‘Sustained High Levels of Illiquid Supply’ …