As a researcher with extensive experience in the cryptocurrency market, I’m closely monitoring the recent developments in Bitcoin (BTC) price action. At present, BTC is trading above the pivotal $61,000 mark, representing an impressive 4% increase within the past 24 hours alone. This surge has resulted in over $100 million in liquidations in the derivatives market.
The Bitcoin price has bounced back over the significant threshold of $60,000, fueling optimism among investors that the bull market may have resumed, potentially leading to further gains.
- At the time of this writing, BTC trades at above $61K, charting an increase of more than 4% in the past 24 hours alone.
- As seen in the chart, the price exploded during the last hour as the volatility was significantly less before that.
- This move has resulted in over $100 million in liquidations in the derivatives market over the past day.
- As CryptoPotato reported earlier, the increased volatility throughout the day comes after an assassination attempt on the Republican presidential candidate in the US – Donald Trump.
- Trump confirmed, in an official statement, that he was shot in the upper part of his ear following the shootout during his latest rally in Pennsylvania.
- He was seen being escorted by agents of the US Secret Service, and in many of the pictures, there’s blood on his face.
- Many meme coins associated with Donald Trump have seen massive spikes in the past 24 hours.
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2024-07-15 01:21