After weeks and weeks of sideways movements without any clear signs of a breakout in either direction, the crypto market is finally on the move.<\/p>\n
Bitcoin led the charge with a massive surge that drove it to its highest price tag since the middle of June at just over $69,000.<\/p>\n
Recall that BTC dipped below $63,000 at the end of the previous business week before it found some support and recovered to $63,000 during the weekend.<\/p>\n
It started to show revival signs on Monday and Tuesday, but today\u2019s increase is the most impressive in months.<\/p>\n
Ethereum has soared past $2,000 for the first time in months as well, and has even tapped the $2,100.<\/p>\n
XRP has finally rebounded above the key $1 support after dipping below it on a couple of occasions last week.<\/p>\n
The liquidations are also on the rise given the sharp movement. Data from CoinGlass shows that $1.2 billion worth of leveraged positions has been wrecked in the past hour alone.<\/p>\n
Naturally, the lion\u2019s share is from shorts, as they are responsible for $1.14 billion out of the total.<\/p>\n
BTC and ETH lead the pack, with $680 million and $425 million liquidated longs, respectively.<\/p>\n\n
The post Over $1B in Liquidations as Bitcoin Surges to 2-Month High Above $69K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" After weeks and weeks of sideways movements without any clear signs of a breakout in either direction, the crypto market is finally on the move. Bitcoin led the charge with a massive surge that drove it to its highest price tag since the middle of June at just over $69,000. Recall that BTC dipped below […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-215380","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215380"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=215380"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215380\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=215380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=215380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=215380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}