Bitcoin Breaks $54,000 Barrier for First Time Since 2021, Eyes Historic Highs Ahead of Halving Event
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.
BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021The price of bitcoin has risen past the $54,000 threshold, now hovering at $54,446 per unit as of Monday, Feb. 26, 2024, at 2:37 p.m. Eastern Time (ET). This leading crypto asset has witnessed a growth of 4.5% in the last six hours, and over the previous month, bitcoin’s value has soared by 28.3% against the U.S. dollar.
Bitcoin Revisits $54K Territory, Gains Momentum Ahead of 2024 Halving
For the first time since 2021, Bitcoin’s (BTC) has breached the $54,000 mark, reaching a peak of $54,564 at 2:28 p.m. on Monday. With its current price, bitcoin’s market capitalization is smoothly sailing at $1.06 trillion, accounting for 51.2% of the $2.06 trillion total crypto economy. Now ranked as the world’s tenth largest asset by market capitalization, BTC is slightly below Meta’s total valuation of $1.23 trillion.BTC/USD value on Monday Feb. 26, 2024 at 2:37 p.m. ET.
As of 8 a.m., bitcoin’s trading volume stood at $14.57 billion, which has escalated to $24.59 billion by mid-afternoon. Bitcoin’s trading volume constitutes 32.32% of the $76.06 billion total 24-hour trading volume across the crypto market on Monday. A detailed look at a four-hour span reveals that $37.4 million in bitcoin short positions were liquidated as prices vaulted from $53,000, and then to $54,000. The last instance when bitcoin’s price was above the $54,000 mark was on Nov. 28, 2021
![[ℕ𝕖𝕧𝕖𝕣] 𝕊𝕖𝕝𝕝 𝕐𝕠𝕦𝕣 𝔹𝕚𝕥𝕔𝕠𝕚𝕟 - Did This Poor Baby Make A Profit On The BTC He Sold?](https://cdn.bulbapp.io/frontend/images/255151e6-9e83-4151-9644-80af06e53b74/1)
