The bitcoin rate fell by $1.6 thousand after updating the local maximum. On March 14, the price of the asset reached $26.5 thousand for the first time since June 13, after which it dropped below $25 thousand. According to CoinGecko, at 10:40 Moscow time, the first cryptocurrency is trading at $24.8 thousand. The daily price increase was 2.4% , BTC added 14% in a month, writes RBC Crypto.
The market capitalization of bitcoin is $479 billion with a daily trading volume of $70.3 billion. The market share of the asset is 42%.
The rates of leading altcoins also show a slight daily increase. Ethereum (ETH) has risen in price by 1.3%, to $1.70 thousand, Ripple (XRP) – by 1%, to $0.374; the cost of Polygon (MATIC) increased by 2.4% to $1.21, Solana (SOL) — by 3.5% to $21.18.
During the day, 75.2 thousand positions of traders were liquidated on crypto exchanges for a total of $296 million, 57% of them were short, according to data Coinglass. Orders with bitcoin accounted for $142 million, with Ethereum – $68.7 million. The largest forced closing of a position occurred on the Bitmex exchange in the ETH / USD pair – for $10 million.
The fear and greed index is at mark 50 points, which indicates neutral sentiment in the cryptocurrency market: players are now not inclined to actively sell or buy digital currencies.
Source: Cryptocurrency
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