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：创业研究)

• ·为什么采矿
• ·ST易事特收盘跌2.51%，主力资金净流出2720.91万元
• ·比特币矿场是什么
• ·芝麻交易所ouyi加密货币钱包在线下载-芝麻交易所web3钱包免费版v6.3.7安装地址
• ·酒店会计科目及账务处理
• ·10月31日广发行业严选三年持有期混合A净值增长1.81%，近3个月累计上涨24.43%
• ·麦肯锡的 Lilli 案例为企业 AI 市场提供了哪些发展思路？
• ·奥福环保：围绕蜂窝陶瓷核心技术，积极向氢能领域拓展，2024年7月设立蚌埠奥福氢能科技有限公司
• ·请问360借条可以提前还款吗？怎样提前还款呢？
• ·狗狗币总量是多少-查询狗狗币的总发行量
• ·自然人税收管理系统如何申报生产经营所得
• ·BTC交易所国内版v6.0.9下载-芝麻交易所比特币交易所大陆版最新下载
• ·Circuits of Value (COVAL) 购买指南：推荐交易平台
• ·英国用哪些比特币交易软件
• ·土耳其8月穿什么衣服
• ·10月31日鹏华睿投混合C净值增长0.96%，近3个月累计上涨19.38%