CandleFocus Bitcoin Price Falls Under $100,000 as Historic Surge Cools—And Longs Get Rekt
2024-12-05
Author: Content Editor
Bitcoin briefly surpassed the $100,000 price mark before dropping back into five figures. Despite the dip, it is still up nearly 4% over the past week and 41% in the last 30 days. $199 million worth of Bitcoin futures positions have been liquidated in the last 24 hours, with $127 million in shorts and $72 million in long positions. Overall, $611 million worth of positions have been liquidated across all crypto assets. The recent price surge has been attributed to Donald Trump's win of a second term, with him taking credit for the milestone.
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