Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated

. The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidatedThe valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions lThe valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.iquidated..The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positiThe valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.ons liquidated.The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.'The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar.

Crypto Market Liquidations Reach $444 Million as Long and Short Positions Face Shakeup

Post a significant downturn on Tuesday and the FOMC convening, which concluded with the U.S. Federal Reserve upholding the existing benchmark interest rate, BTC experienced a notable increase from the $65,500 range to $68,058 per coin by 6:15 p.m. Eastern Time (ET) on Wednesday.
Currently, the crypto market is bustling with a trading volume of $207 billion, with BTC trades contributing $72.93 billion to this figure. BTC now hovers slightly beneath the $68,000 benchmark, trading at $67,432 per unit at 6:55 p.m. ET. Currently, as of Wednesday, the dominant trading pairs for BTC include USDT, followed closely by FDUSD and the U.S. dollar.
Not far behind, Circle’s USDC ranks as the fourth most traded pair with bitcoin, while the Korean won claims the fifth spot, accounting for 3.36% of the day’s global transactions. Leading the charge in spot bitcoin exchanges by volume are Binance, Coinbase, Bybit, Okx, and Upbit.
While the global weighted average price of BTC stands at $67,631 per unit, on South Korean crypto trading platforms Upbit and Bithumb, BTC is being exchanged at a premium, fetching $74,993 per coin. On Wednesday, derivatives exchanges witnessed a notable number of short sellers facing setbacks, with $151.69 million in BTC short positions liquidated.