The Bitcoin course (BTC) repeated an attempt to overcome the maximum of spring, set on March 2 at $ 95,043, according to Coinmarketcap. On the afternoon of April 25, the price of the first cryptocurrency rose to $ 95 011, writes RBC Crypto.
Other cryptocurrencies from the TOP-10 on capitalization also showed insignificant growth, within 4%. Only the TRON (TRX) course decreased by 0.7%. The total capitalization of the crypto risk is $ 2.96 trillion, according to CoinmarketCap.
From the top 100 cryptocurrencies in capitalization over the past 24 hours the largest growth in Bitcoin SV (BSV), by 28%. The dexe (DEXE) token, by 6.6%, fell stronger than others in the price.
Over the past four hours, crypto -tires eliminated the positions of traders totaling about $ 62 million, according to Coinglass. Those who put the cryptocurrency courses suffered more losses. Long positions were closed by $ 15 million, short – by $ 47 million.
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.
The index of fear and greed in the crypto for the second day in a row is located in the “greed” zone, on April 25 it is recorded at an mark of 60 points out of 100. This suggests that market participants are more prone to purchases of cryptocurrencies than sales.
Earlier, analysts noted that large interest holders of cryptocurrencies are most interested in adhering to the strategies of long -term accumulation. This is also indirectly confirmed by the fact that the outflow of funds from the cryptocurrency rose to the maximum from 2023.
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Source: Cryptocurrency
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