[Save For When Price at Same level] Bitcoin surpasses $23.5k, approaches $24k

admin January 29, 2023

0 1 minute read

Bitcoin price crossed $23,500 on January 29th at 4pm UTC. This value brings the market capitalization of assets to over $452 trillion.

This change represents a price increase of 3.65% in 24 hours.

It also represents a 5.3% increase from today’s lowest price for the asset ($22,157). Bitcoin’s price rose by about $1,350 at that reading.

Today’s move marks a five-month high as the cryptocurrency approaches $24,000 for the first time since August 2022.

Bitcoin also had a total liquidation of $32 million, with over 75% of short liquidations.

Ethereum, on the other hand, is up 5.7% over the 24-hour period, and the cryptocurrency market as a whole is up $40 billion over the same period. Global cryptocurrency market capitalization is now the longest since June 2022, he has surpassed $1 trillion for eight straight days.

Journalist at CryptoSlate

Mike trained in library and information science before moving to writing on cryptocurrencies in 2018. He lives on the west coast of Canada.

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