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：理财)

• ·不确定性的悖论：加密货币在分裂世界中日益演变的对冲角色
• ·10月31日益民核心增长混合净值下跌0.08%，今年来累计下跌4.3%
• ·以前电脑怎么挖矿 老电脑怎么挖矿
• ·10月31日汇添富创新活力混合A净值增长0.36%，近3个月累计上涨12.31%
• ·股票分红避税
• ·如何注册以太经典钱包
• ·乌克兰将向欧盟提交40页对俄制裁方案，锐评美国不够努力！
• ·【IPO追踪】上市首日上演过山车，华昊中天商业化待提速
• ·银行现金分期对比哪家强？网贷我不太信任，想选一个靠谱的银行分期。
• ·数字币交易平台排名
• ·销售退回冲减当期收入还是去年收入
• ·10月31日汇添富行业整合混合D净值下跌0.65%，近1个月累计下跌4.6%
• ·怎样买新股票-怎样买新股票上市
• ·FT起诉LayrZro Labs 寻求追回破产前转移的超过2100万美元
• ·股票无法买入-股票无法买入是什么意思
• ·梅塔第二季度收益:今年以来亏损最高7.7亿美元