Bitcoin has gained more than 3 %in the last 24 hours and saw $ 103,000. The price recently watched over $ 104,000, led to a sudden activity between market players. In this process, short positions of approximately $ 400 million were liquidated and investors began to re -evaluate their positions. The Spot Entrances for the Stock Exchange Market exceeded $ 40 billion, while the market balance has reached $ 1.14 trillion, the highest total value recorded since March.
Dynamics of price rise
The general rise in the crypto money market was the first driving force in the recovery of Bitcoin’s value. More than 40 billion dollars of entrances from Spot Processing Funds, the investor has re -flared the interest. The orientation of corporate funds to ETFs reinforced the position of leading crypto money on the market.
Former US President Donald Trump signaling that he would announce a comprehensive trade agreement with the UK raised the risk appetite rapidly. Trade news refreshed the sense of trust in the markets and provided extra support to price movements. Trump’s statements created a positive source of momentum in the eyes of investors.
Market movements after liquidation
In the last 24 hours, automatic systems have closed the short position of approximately $ 400 million exceeding risk limits. In the same period, a long position of 22 million dollars was liquid. High leverage use increased the risk of liquidation in sudden price fluctuations and emphasized position management.
This wave of liquidation has led investors to review risk management strategies. Market analysts think that the collective closing of short positions can be a more sustainable rise sign at prices. Investors can adopt a more cautious approach to fluctuations by adjusting leverage levels.
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.
