As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $ 62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at …
Bitcoin Peaks at $69,404 as Short Liquidations Surpass $27M
Bitcoin Peaks at $67,991 Ahead of Trump’s Bitcoin Conference Appearance
Before former President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, the price of bitcoin (BTC) climbed to an intraday peak of $ 67,991 per unit. This increase led to the liquidation of approximately $ 55.21 million in bitcoin short positions, out of a total of $ 79.10 million in …
Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals
Despite bitcoin holding steady above the $ 66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with many alternative crypto assets still having a significant journey ahead to reach their former peaks. Bitcoin: 9% Below ATH …
27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $ 40 billion, with Lido Finance holding $ 28.77 billion of that sum. Staking Captures …