tldr; Bitcoin has reached a new all-time high of $126K after a period of consolidation and volatility. The cryptocurrency’s market cap has surged to $2.5 trillion, surpassing Amazon and nearing silver’s valuation. This milestone follows a recovery phase starting in October, dubbed ‚Uptober‘ by the crypto community, during which Bitcoin added over $10K to its value. Liquidations have totaled $350 million, primarily from short positions. The achievement marks a significant moment in Bitcoin’s ongoing market performance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
BraidRuner on
This is the death of the dollar…nothing more nothing less.
Next_Statement6145 on
Happy to finally say, we are so back!
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tldr; Bitcoin has reached a new all-time high of $126K after a period of consolidation and volatility. The cryptocurrency’s market cap has surged to $2.5 trillion, surpassing Amazon and nearing silver’s valuation. This milestone follows a recovery phase starting in October, dubbed ‚Uptober‘ by the crypto community, during which Bitcoin added over $10K to its value. Liquidations have totaled $350 million, primarily from short positions. The achievement marks a significant moment in Bitcoin’s ongoing market performance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This is the death of the dollar…nothing more nothing less.
Happy to finally say, we are so back!