Bitcoin Sets New All-Time High Above $105,000

After reclaiming the $100,000 level, Bitcoin seems to have gained momentum and continues to surge.

Bitcoin’s price recently broke the $105,000 level, marking yet another historic moment for the cryptocurrency industry.

At the time of writing, BTC is trading at $104,800 after a 3.28% surge in the past 24 hours with $50 billion in trading volume. Bitcoin is up more than 4% on the weekly chart and.has a market cap of $2.07 trillion.

The top cryptocurrency is currently the 7th most valuable asset in the world, right after Google.

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The total market cap of all cryptos grew 2.67% and hit $3.7 trillion.

As for the futures market, $225.6 million were rekt in the past 24 hours – $102.62 million in long positions and $122.98 million in shorts. BTC accounted for $50.44 million of those liqidations, according to data from CoinGlass.

The 1-day technical analysis from TradingView reflects the current bullish momentum – the summary shows “buy” at 15, the moving averages pont to “strong buy” at 14, while oscillators remain “neutral” at 9.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.