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：发现基金)

• ·有什么特产什么好酒
• ·西部矿业：稀贵金属于2024年投料试生产，多金属选矿技改工程将增加产量4万吨/年，双利矿业露转地改扩建项目预计2025年末投料试车
• ·非限定性净资产怎么会计处理
• ·10月31日博时战略新材料主题混合A净值增长0.07%，今年来累计上涨6.09%
• ·Four Pillars：垂直型区块链的崛起
• ·欧意易/欧意易网页版是什么？全面官网其功能与特点
• ·什么什么的霾
• ·腾讯股票属于什么
• ·FTX 前執行長 SBF 提出上訴，批評司法不公並呼籲重新審理
• ·okywq下载(数字货币，交易新方向)
• ·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
• ·外币财务报表折算方法的缺点有哪些？
• ·比特大陆钱包
• ·苏州住房公积金贷款申请需要哪些材料？不是很清楚。
• ·利润表成本增加资产负债表怎么调整
• ·冷钱包已经找到-冷钱包找回