Bitcoin continues the bullish trend, breaking record after record - this time the number one cryptocurrency by market cap surged past $82,000.
Bitcoin is up 3.5% in the past 24 hours with a trading volume of around $79 billion. BTC’s market cap is currently at $1.624 trillion after an incredible 19.5% surge on the weekly chart.
The 1-day technical analysis from TradingView is extremely bullish – the summary and moving averages both show “strong buy” at 17 and 14, respectively, while oscillators point to “buy” at 3.
This past day $638.66 million were liquidated from the cryptocurrency market – $363.85 million in long positions and $274.82 million in shorts. $124.22 million of these poitions were in Bitcoin.
Despite a slight drop in the past 24 hours, Ethereum is still up almost 30% during the last 7 days and is currently trading at $3,180.
The biggest gainer for today is Dogecoin with the price surgin 22.4% to almost $0.3 with a $18.6 billion trading volume and $42 billion market cap. On the weekly chart DOGE is up around 87%.
The total cryptocurrency market cap rose by 2.16% in the past 24 hours, to 2.78 trillion.
On Monday alone, U.S.-listed spot BTC ETFs recorded more than $250 million in outflows—the third straight day of withdrawals—suggesting a shift in sentiment as investors reassess their exposure.
In an effort to broaden its investor base, the ARK 21Shares Bitcoin ETF (ARKB) will undergo a 3-for-1 stock split on June 16, making shares more affordable for everyday investors.
Following a 6.4% pullback from its record high of $111,980, Bitcoin has stirred debate among analysts about what comes next.
Japanese investment firm Metaplanet has made another bold move in the crypto space, acquiring 1,088 more Bitcoins in its latest purchase, and pushing its total holdings to 8,888 BTC—valued at over $930 million at current prices.