On Wednesday, Bitcoin’s price climbed to 109,000 USD, close to its record high of 111,970 USD. This rally coincided with a US-Vietnam trade agreement and a 4.5% increase in US M2 money supply, pushing overall cryptocurrency market capitalization to 3.5 trillion USD.
As Bitcoin surged, altcoins thrived as well, with Ethereum gaining 7%, XRP climbing 3%, and Solana increasing by 4%. In total, the cryptocurrency market saw 320.6 million USD in liquidations, indicating robust trading activity.
Leave a Reply