Bitcoin price rose to $70,500

On March 11, 2024, the Bitcoin rate broke through the $70,000 mark. At that moment, the price of the asset jumped to $70,500, but then rolled back.

As of this writing, Bitcoin is trying to gain a foothold above the $70,000 level, according to TradingView.

Notably, this is the third time Bitcoin has traded above $69,000. The asset previously updated its ATH, first at $69,129, then at $69,950.

Against the backdrop of a jump in this rate, the indicator of asset dominance showed an increase. At the time of writing, it reached 53.77%:

The volume of liquidations in the crypto-asset market from March 10 to March 11, 2024 is $317 million. Long positions prevail:

Bitcoin showed an increase against the backdrop of a drawdown in most other positions. Apart from it, only BNB (BNB) and USD Coin (USDC) are in the “green” zone:

The Fear and Greed Index has increased by three points over the past 24 hours:

Source: Cryptocurrency

You may also like