Bitcoin Explodes to New 26-Month High of Over $53,500, Leaving | Crypto | Ethereum | Bitcoin
Bitcoin Explodes to New 26-Month High of Over $53,500, Leaving Almost $200M in Liquidations
The price of the largest cryptocurrency by market cap took a sudden liftoff and shot up by more than two and a half grand in minutes to a new 26-month peak of over $53,500. As such, Bitcoin had declined to $51,000, and it seemed like the consolidation around that level would continue. However, that wasn’t the case. The bulls took charge of the market minutes ago and initiated a massive leg-up that resulted in BTC soaring by nearly three grand.
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