Bitcoin Reaches a New All-Time High of $94,000

After a slight correction BItcoin regained its bullish momentum and just reached a new all-time high (ATH) above $94,000.

At the time of writing, Bitcoin (BTC) is trading at $94,300 after a 1.85% surge in the past 24 huors and 7.3% on the weekly chart. With a trading volume of $75.2 billion and a market cap of around $1.865 trillion, BTC is still dominating the crypto market.

During the past day $330.96 million were liquidated from the futures markets – $212.05 million in longs and $118.91 million in short positions – Bitcoin accounted for $89.11 million.

The 1-day technical analysis from TradingView also shows signs of positive momentum. The summary points to “buy” at 15, while moving averages show “strong buy” at 14. Oscillators remain “neutral” at 9.

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The total cryptocurrency market is up 1% in the past 24 hours at $3.13 trillion.

The biggest winner in CoinMarketCap’s top 100 tokens is Cardano (ADA) with a 11.7% surge in the past 24 hours and a remarkable jump of 54.53% since last week, and is currently priced at $0.8262.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.