On Tuesday afternoon, Bitcoin approached its all-time high, reaching $107,000, a level not seen in four months. This surge reflects a broader rebound in risk-on assets as trade war tensions ease globally.
According to CoinGecko, CoinMarketCap, and Coinbase, Bitcoin is now less than 2% away from its record of $108,786, set in January. This recovery follows a drop to below $75,000 in early April, triggered by trade war concerns.
Ethereum has surged by 58% in the last 30 days, while Dogecoin is up 45% and Solana has risen by nearly 23%. In the last 24 hours, liquidations totaled $233 million, with short positions accounting for over half. Ethereum liquidations reached $69 million, primarily from long positions.
This article is based on our author's analysis of materials taken from the following resources: CoinGecko, CoinMarketCap, Coinbase and CoinGlass.