Bitcoin breaks through $71000, market share approaches 60%, ETH/BTC ratio continues to decline
The price of Bitcoin (BTC) broke through $71000 earlier on Tuesday, reaching a new high since June, with a recent increase of 7% in the past four days. After more than seven months of sideways volatility, Bitcoin seems poised to once again challenge its historic high of around $73700 set in early March of this year.
According to Coinglass data, as Bitcoin continues to rise, the total amount of contract liquidation across the internet in the past 24 hours has reached $242 million, with nearly 73000 people being liquidated, including short positions worth approximately $174 million. The largest single liquidation occurred in the BTCUDT futures contract on the Binance exchange, with a liquidation value of approximately $18 million.
Bitcoin market capitalization accounts for nearly 60%
Bitcoin launched a new wave of upward momentum on October 11th, with an 18% increase over the past 18 days. However, the rise of Bitcoin has not driven the overall rise of cryptocurrencies. As a comparison, the second largest cryptocurrency by market value, Ethereum (ETH), only rose 9% during the same period, which has led to a continuous increase in Bitcoin dominance (the proportion of Bitcoin market value to the total cryptocurrency market value), reaching 59.75% before the deadline, setting a new high since April 2021.
At the beginning of September, Bitcoin fell to around $53000 during its last washout before this rebound, but since then it has been in a rebound trend. If we calculate from the low point on September 6th, Bitcoin has risen by about 35% in the past month.
Ethereum continues to fluctuate between $2200 and $2800, with a trading price of $2600 as of the deadline. The price ratio of ETH to BTC fell below 0.036 yesterday, reaching a new low in April 2021. The ETH/BTC ratio before the deadline is 0.0367.
According to Coinglass data, the Bitcoin Fear and Greed Index had a value of 72 on Tuesday, placing it in the "greed" zone.
(责任编辑：宏观研究)
- ·meme币官方appmeme币是干嘛的 meme币最新版下载链接打不开
- ·10月31日中欧医疗健康混合C净值下跌0.69%，今年来累计下跌13.36%
- ·10月31日嘉实远见精选两年持有期混合净值下跌0.31%，近1个月累计下跌3.97%
- ·10月31日建信创新驱动混合净值下跌1.02%，今年来累计下跌3.37%
- ·算力概念31日主力净流出81.29亿元，润和软件、城地香江居前
- ·10月31日天弘创新成长混合发起式A净值下跌0.57%，近1个月累计上涨3.86%
- ·10月31日民生加银创新成长混合A净值下跌0.83%，今年来累计下跌19.45%
- ·天下秀收盘涨3.97%，主力资金净流入2050.76万元
- ·10月31日鹏华消费领先混合净值下跌1.06%，近1个月累计下跌5.43%
- ·10月31日金鹰先进制造股票(LOF)A净值下跌0.03%，今年来累计上涨2.84%
- ·济民健康收盘涨3.69%，主力资金净流入3546.11万元
- ·10月31日银河创新成长混合A净值增长1.62%，近6个月累计上涨41.32%
- ·10月31日永赢港股通品质生活慧选混合C净值下跌0.34%，近1个月累计下跌5.62%
- ·10月31日诺德价值优势混合净值下跌1.29%，近1个月累计下跌6.21%
- ·10月31日中欧高端装备股票发起A净值增长1.42%，近6个月累计上涨13.03%
- ·10月31日海富通科技创新混合C净值增长2.55%，近3个月累计上涨10.17%
- ·10月31日易方达稳健添利混合C净值下跌0.44%，近1个月累计下跌3.24%
- ·10月31日兴银研究精选股票C净值增长0.43%，近3个月累计上涨16.53%
- ·探索数字货币交易新篇章，OKX欧易下载与注册指南
- ·10月31日易方达瑞康混合C净值下跌0.09%，近1个月累计下跌2.03%