Crypto traders lost $ 220 million on the growth of bitcoin

Crypto traders have lost $ 220 million in pairs with bitcoin over the past 4 hours, according to bybt. Most of the liquidations fell on the Binance exchange, transactions for $ 114.5 million were forcibly closed on it.This happened against the background of a sharp rise in the bitcoin rate by $ 6 thousand – from $ 32 thousand to $ 37.9 thousand, writes RBC Crypto.

The latest surge in the growth of quotations of the first cryptocurrency occurred after the head of Tesla and SpaceX Elon Musk mentioned it on Twitter. He added the hashtag of the first cryptocurrency to his account profile and posted a message:

As of January 29, 18:30 Moscow time, bitcoin is trading at around $ 36.9 thousand. Over the past day, the first cryptocurrency has risen in price by 19%. The asset’s market cap is $ 694 billion with trading volumes of $ 111.6 billion, according to Coinmarketcap.

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