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Sudden Rise in Cryptocurrencies: Bitcoin Hits $28,000, Ethereum Hits $1750!

source-logo  en.bitcoinsistemi.com 01 October 2023 22:49, UTC

Bitcoin made a sharp move in the past few minutes and reached the level of $ 28,000. BTC, which recorded a 3 percent increase within minutes, caused other altcoins to rise as well.

On the Ethereum side, daily gains reached 3 percent and the price rose to $ 1750.

The fear and greed index is at the “neutral” level with 48 points.

On the other hand, with the recent rise, it seems that the short position of $ 30 million has been liquidated.

The reason for the rise is not yet clear.