CandleFocus Bitcoin Price Soars – Above $69,000 Seen – What is the Latest Data?
2024-10-20
Author: Content Editor
Bitcoin has surpassed the $69,000 mark and is nearing its all-time high price level. Ethereum is also experiencing an increase in price but at a faster rate. The article notes that there is no significant economic data expected in the coming week, except for the release of the FED's Beige Book document on Wednesday. It is interesting to note that the price increase happened on a Sunday when spot ETFs were not traded. Liquidation data shows a significant amount of liquidation in the cryptocurrency market, with $18 million occurring in the last hour, mainly in short positions.
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