Leading cryptocurrency Bitcoin (BTC) skilled a brand recent surge in the closing hour. After temporarily falling under $120,000, Bitcoin reached $119,759, rising 0.58% in the closing hour.
Rising by 2.21% on a day-to-day basis and 2.59% on a weekly basis, BTC continues to manual the cryptocurrency market with a market worth of $2.38 trillion.
Bitcoin’s 24-hour procuring and selling volume has surpassed $76.5 billion. The circulating present stands at 19.89 million BTC, with the full present drawing intention its restrict on an recurring basis. The BTC label is for the time being spherical 2.5% lower than its all-time high of $123,091, reached on July 14, 2025.
As market volatility elevated, a total of $482 million worth of positions were liquidated in the closing 24 hours. Of these liquidations, $344 million were prolonged positions and $137 million were short positions.
This recent surge in Bitcoin indicators a on the full sure momentum in the crypto market, with different main altcoins worship Ethereum (ETH) and XRP furthermore procuring and selling in the fairway. ETH seen an hourly magnify of 0.33% to $3,713, whereas XRP modified into procuring and selling at $3.56, up 0.14%.
*Right here is not funding recommendation.
