Bitcoin price began to grow

On the night of June 9, the Bitcoin exchange rate (BTC) tried to rise above $ 106 thousand. The price of the first cryptocurrency reached $ 106.3 thousand. For the first time in seven days, but then turned down, reports RBC Crypto.

The presenter of the cryptocurrency played the failure of the course of up to $ 100 thousand, which happened last week amid the quarrel of US President Donald Trump and billionaire Ilon Mask. At 13:00 Moscow time, Bitcoin is trading about $ 106, thousand per day it rose by 1.4%. BTC capitalization is $ 2.09 trillion, the market share is 64.68%, according to TradingView.

Ethereum (ETH) is traded about $ 2.49 thousand. In the last 24 hours, the leading altcoin has fallen into a 1%. Over the past month, its price ranged in the range from $ 2.3 thousand to $ 2.7 thousand, it increased by 5.5%during this time.

Other cryptocurrencies from the TOP-10 on capitalization showed weak multidirectional movements. Dogecoin (DOGE) – 1.2%more than others. XRP (XRP) from Ripple has risen more than the rest – by 1%.

Only Tron (TRX) has risen in price by 1.2%, which allowed the token to rise from the tenth to eighth in the list of the largest cryptocurrencies, overtaking Dogecoin and Cardano (ADA).

The total capitalization of the cryptornic per day has changed by 0.1%, it is $ 3.29 trillion. From the top 100 cryptocurrencies over the past day, Kaia (KAIA) showed the largest growth, it increased in price by 14%. More than others over the past 24 hours, the Dexe (DEXE) token – by 16%.

Against the backdrop of changes in courses over the past 24 hours, crypto -tires eliminated the positions of 56 thousand traders totaling about $ 125 million, according to Coinglass. Of these, almost $ 73 million were lost by those who put cryptocurrencies (long positions, or Longs) on a further growth of rates, $ 52 million were lost by those who played a decrease (short positions, shorts).

Liquidation occurs when the price moves against the position of a trader with a credit shoulder and the exchange forcibly closes it at a loss due to a lack of collateral. For example, if the trader opened Long by $ 1000 with 10x shoulder, actually using $ 100 of his own funds, and occupying $ 900 at the exchange, then a decline in bitcoin by 10% will lead to a decrease in the cost of a position to $ 900. The exchange automatically eliminates the deal to return borrowed funds, and the trader will lose all its capital if he did not have additional funds to maintain a position.

At the weekend, the index of fear and greed in the cryptornka returned to the zone of “greed” from the zone “Fear. The indicator rose from 45 points on Friday to 62 points out of 100 on Sunday and Monday. This indicates that the market participants again changed their mood, they became more prone to purchases than for sales of cryptocurrencies.

The current consolidation of bitcoin is perhaps just a pause before a new stove of growth, experts say. However, according to them, the cryptocurrency market continues to experience media pressure, as well as the influence of macroeconomic factors-the attention of investors is drawn to the decision at the key rate in the United States, which will be made at the Federal Set of Fed on June 17-18.

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