Bitcoin Price Jumps to $107K With All-Time High Mark in Sight

Bitcoin It approaches its all the time of high price, approaching Tuesday afternoon than in four months with a jump to $ 107,000.

The price of the leading CRIPTO currency reached $ 107,000 on Tuesday Co ringeckoAnd he bounced even more in data from Coinmarketcap and Crypto Exchange Coinbase. Under $ 107,000, Bitcoin is now less than 2% of all its high grades in the amount of $ 108,786 in January on the day of the inauguration of President Trump.

Bitcoin has made a significant recovery since it fell on Price below $ 75,000 at the beginning of April In the midst of the global trade war of President Trump. However, BTC has continued to burn in recent weeks as Trump has retired to trade tariffs against US partners and signaled trade agreements with some of them.

Risk assets had a great benefit of cooling war, and the rest of the large cryptocurrencies received with Bitcoin.

EthereumFor example, it grew by 58% only in the last 30 days, with Dogecoin an increase of 45% and Saltworks increased by almost 23%. Meme coins were some of the largest users, and some of last year’s largest coins have recently increased.

Liquidations grow in the last 24 hours in the midst of the growing price of bitcoin, according to data Coinglingwith more than half of a total of $ 233 million liquidations coming from short positions – or bets that the price of property will fall.

Nevertheless, the biggest proportion of liquidation over the past day comes from Ethereum, and long liquidations make up a majority of $ 69 million ETH positions.