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：商业)

• ·三亚现在什么温度
• ·上海数字货币钱包-上海数字货币钱包怎么用
• ·鲍威尔发布会全文：等等看，不会先发制人降息
• ·乐山公积金查询个人账户-乐山公积金查询个人账户查询官网
• ·库神是什么神
• ·厦门公积金异地买房
• ·im钱包安全吗
• ·加密货币牛市即将爆发？美国大选与全球流动性或成关键催化剂
• ·请问苏宁任性付逾期影响房贷么？我在苏宁任性付逾期了。
• ·小微企业允许全年无进项吗
• ·小赢卡贷精英贷借款审核好通过吗？精英贷资格审查严格吗？
• ·omg是什么币
• ·请问省呗审核一般要多久？我比较急用钱。
• ·天津公积金放款时间-天津公积金放款时间查询
• ·公司年检一般是什么时候
• ·24小时币圈动态：比特币市值突破2万亿美元，美联储暂缓降息应对特朗普关税（5月9日）