Crypto Money MarketBitcoin $81,701.23under the leadership of the (BTC). In the last 24 hours with an increase of 4.51 percent in the total market value of 2.69 trillion dollars in the market Bitcoin’s price of 4.68 percent of 83 thousand 14 dollars is traded. Altcoins also took their share of this movement. Especially XRP 7.42 percent, Dogecoin 
$0.161581 (Doge) rose by 7.67 percent. It has exceeded the important levels of resistance. After the rise, the liquidation of Short positions throughout the market reached $ 599 million.
Symptoms of recovery in Bitcoin and Altcoins
Bitcoinrecently at the level of 76 thousand 624 dollars after a rapid jump showed a quick leap. Investors attribute this performance of the largest crypto currency to $ 83 thousand 577 to the US regulatory developments in the USA.
Altcoins were also positively affected by this trend. XRP90 -day lowest level of $ 1,93, $ 2,19 climbed. Similarly Dogcoin It rose from $ 0.1453 to $ 0.1669. CARDANO 
$0.731026 (Island) was re -active after the pressure of around $ 0.76.
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The liquidation data in the market reveal the effect of short -term speculative movements. In particular, the sudden rise of Bitcoin has left investors who opened Short positions in a difficult situation. This is altcoinHe triggered the increase in interest.
Factors that mobilize the market
US senator Cynthia lummisThe “Bitcoin Draft Law ğı, which was brought to the agenda again, positively affected market psychology. The bill includes steps that are compatible with President Donald Trump’s crypto monetary policies. On the other hand, the largest altcoin Ethereum (ETH) 
$1,920.32 With the increase in the active wallet addresses in the network, confidence in projects such as XRP and Cardano was reinforced. Positive perception on social media accelerated purchases in Altcoins.
Bitcoin’s technical indicators and the increasing interest of corporate investors were effective in gaining value of Altcoins. For example, the XRP was able to turn its direction up despite the uncertainty in the SEC case. Increasing the transaction volumes in the stock exchanges supported liquidity positively.
On the other hand, analysts warn that the possibility of harsh correction is still on the table. Bitmex’s founding partner Arthur Hayes Many famous names such as Bitcoin can fall up to 70 thousand dollars.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
