Bitcoin Reaches New Heights Above $63K, Liquidation Risk for Crypto Longs
Wednesday, 20 March 2024, 10:24
Bitcoin Reaches All-Time High
Bitcoin has surged above $63,000, marking a new milestone in the cryptocurrency market. Investors are closely monitoring the price movement to anticipate potential liquidation risks for long positions, which currently stand at $600 million.
Market Stability Amidst Minor Loss
The CoinDesk 20 index, which tracks major tokens excluding stablecoins, experienced only a small 0.34% loss in the past 24 hours. This demonstrates the resilience of the overall market despite the price fluctuations of individual cryptocurrencies.
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