The price of bitcoin rose above $25,000

On the evening of February 19, the bitcoin rate at the moment reached $25.1 thousand, after which it fell to $23.8 thousand by the morning of February 20. Then the price of the asset began to rise again. As of 9:30 Moscow time, the first cryptocurrency is trading at $24.4 thousand, over the past day it has fallen in price by 1%. The share of the asset in the market is 40.3%, writes RBC Crypto.

Following the first cryptocurrency, the rates of other digital currencies showed a slight daily decline: Ethereum lost 0.6% in price, first rising to $1.71 thousand, but then dropping to $1.69 thousand, Ripple fell by 0.7% to $0 .39, Polygon fell 2% to $1.49. The total market capitalization of cryptocurrencies over the past 24 hours has decreased by 0.1% to $1.17 trillion.

Against the background of sharp fluctuations in prices for cryptocurrencies, the positions of traders who traded with leverage were liquidated. By data of the Coinglass service, over the past 24 hours, transactions worth $123 million were forcibly closed. The largest number of liquidations fell on pairs with bitcoin – $44 million, followed by Ethereum with a loss of $17 million.

Source: Cryptocurrency

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