Bitcoin Reclaims $64,000, Cryptocurrency Short Liquidations Surpass $100 Million
On Monday, October 14th, the price of Bitcoin broke through $64,000 in early trading, rising 2.1% in the past 24 hours and breaking through the narrow range of weekend fluctuations. TradingView shows that the BTC price reached a peak of $64,173, the highest level so far in October, and rebounded to the lowest level since September 30th. According to CoinGlass data, due to the sudden change in the price of Bitcoin, more than $101.4 million in short positions have been liquidated in the entire cryptocurrency market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Trading Club Championship (Phase 21)—Up to 1250 BGB per user, plus a ZETA pool and Mystery Boxes
Bitget Spot Margin Announcement on Suspension of MDT/USDT, RAD/USDT, FIS/USDT, CHESS/USDT, RDNT/USDT Margin Trading Services
STABLEUSDT now launched for futures trading and trading bots
Martingale bot upgraded–simpler setup, more flexible features
