Bitcoin hits $60k for first time since November 2021

The price of Bitcoin crossed the $60,000 mark for the first time since Nov. 21, 2021.

According to CoinMarketCap data, Bitcoin (BTC) is trading at $60,250 at the time of writing. For a moment, the price rose to around $60,500. Bitcoin increased by about 6% in a day and by more than 18% in a week.

Source: CoinMarketCap

Against the background of the growth of the Bitcoin rate, the asset dominance indicator increased to 54.4%, and the volume of liquidations on futures contracts in the crypto-asset market rose to more than $342 million in 24 hours. About $210 million in losses occurred in short positions, while traders liquidated $133 million in long positions.

Source: Coinglass