The price of Bitcoin (BTC) broke through $71000 earlier on Tuesday, reaching a new high since June, with a recent increase of 7% in the past four days. After more than seven months of sideways volatility, Bitcoin seems poised to once again challenge its historic high of around $73700 set in early March of this year.

According to Coinglass data, as Bitcoin continues to rise, the total amount of contract liquidation across the internet in the past 24 hours has reached $242 million, with nearly 73000 people being liquidated, including short positions worth approximately $174 million. The largest single liquidation occurred in the BTCUDT futures contract on the Binance exchange, with a liquidation value of approximately $18 million.

Bitcoin market capitalization accounts for nearly 60%

Bitcoin launched a new wave of upward momentum on October 11th, with an 18% increase over the past 18 days. However, the rise of Bitcoin has not driven the overall rise of cryptocurrencies. As a comparison, the second largest cryptocurrency by market value, Ethereum (ETH), only rose 9% during the same period, which has led to a continuous increase in Bitcoin dominance (the proportion of Bitcoin market value to the total cryptocurrency market value), reaching 59.75% before the deadline, setting a new high since April 2021.

At the beginning of September, Bitcoin fell to around $53000 during its last washout before this rebound, but since then it has been in a rebound trend. If we calculate from the low point on September 6th, Bitcoin has risen by about 35% in the past month.

Ethereum continues to fluctuate between $2200 and $2800, with a trading price of $2600 as of the deadline. The price ratio of ETH to BTC fell below 0.036 yesterday, reaching a new low in April 2021. The ETH/BTC ratio before the deadline is 0.0367.

According to Coinglass data, the Bitcoin Fear and Greed Index had a value of 72 on Tuesday, placing it in the "greed" zone.

(责任编辑：风向标)

• ·全新十大比特币交易平台 盘点比特币交易所排行榜
• ·屎币还能涨多少倍-Shiba Inu (SHIB)未来可能的增长倍数
• ·neo币现在价格
• ·崛起币价格
• ·哪个山寨币交易平台-
• ·财产一切险具体包括哪些理赔范围？理赔项目有哪些？
• ·BTC突破108000美元关口，24小时涨幅达1.44%
• ·保险合同要素有哪些？需要了解的都在这！
• ·宜人贷公积金模式怎么申请？申请这个模式的贷款需要满足什么条件吗？
• ·10月31日平安优势领航1年持有混合A净值下跌0.64%，今年来累计下跌13.87%
• ·Believe在高费率与信任危机中寻求突破：ICM热潮后的冷思考
• ·数字货币价格指数-数字货币价格指数是什么
• ·相约 TOKEN2049，在狮城与 Morph 共话「Consumer Day」
• ·保险的住院医疗都包括哪些内容？
• ·OGT数字货币价格-数字币omt行情
• ·怎么购买MORPHO币？MORPHO币在哪个平台交易？MORPHO币购买交易教程