Total Crypto Market Volume has Increased over 68% in the last 24 hours; Crypto Market Cap has Reached $2.12 Trillion

According to CMC data, in the past 24h, the total transaction volume of crypto exceeded $100 billion, an increase of 68.06% over the previous day. The total market value is $2.12 trillion, a month-on-month increase of 4.74%.

Earlier today, BTC’s price has peaked at $47,650, this is the highest price BTC has reached since January 2nd. Now Bitcoin is trading around $47,000.

Bitcoin’s price is on a steady upward trend as it enters its seventh straight positive day.

According to coinglass data, till now, there is a total of over $417 million worth of liquidations in the past 24 hours.

Almost 80% of the liquidated positions were short, which was somewhat expected.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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