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：商业观察)

• ·数字货币交易所
• ·OKX|欧意PC端官方网页注册全官网，如何轻松欧易交易长呼
• ·hcash价格
• ·10月31日易方达悦信一年持有混合A净值增长0.09%，今年来累计上涨3.66%
• ·南阳五一过后什么天气-南阳五一过后什么天气好
• ·派币能买车买房吗-Pi币实际应用
• ·比特币市值超越亚马逊位列全球资产第五
• ·10月31日中欧互通精选混合E净值下跌0.22%，近1个月累计下跌6.3%
• ·AI世界的双重「有效利他主义」：一位在聚光灯下，一位在囹圄中错失独角兽
• ·10月31日汇添富产业升级混合A净值下跌0.80%，近1个月累计下跌2.96%
• ·okex行情图表人民币
• ·穿越回去怎么买比特币
• ·事业型单位员工个税是如何缴纳的
• ·10月31日华宝医药生物混合A净值下跌0.85%，今年来累计下跌9.56%
• ·什么是艾达币
• ·meme币下载官方app下载 meme币苹果安装包