Over the past 24 hours, the price of Bitcoin has reached a new September high of $26,370, according to TradingView. Then the rate dipped, and now the asset is trying to gain a foothold at $26,000.
Over the past 24 hours, trading volume has increased by more than 46%. Open interest – 0.55%, according to CoinGlass.
A sharp jump in the value of the asset followed by a pullback affected the volume of liquidations. Over the past 24 hours, this figure amounted to $84.26 million, according to CoinGlass.
It is noteworthy that more than half of the indicated amount is accounted for by short positions:
Volume of liquidations on the crypto market. Source: CoinGlass.
The Fear and Greed Index shows changes in traders’ behavior. Despite the fact that the indicator is still in the “orange” zone, the panic is gradually fading away. This is indicated by CoinStats data:
It is noteworthy that in September, as statistics show, the Bitcoin market is often in the “red” zone, according to CoinGlass. At the same time, in the first week of the month the asset showed a rapid jump.
Source: Cryptocurrency
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