Bitcoin price hits $57,000 for the first time since December 2021
Source Fxstreet
- Bitcoin price tagged $57,000 for the first time since December 2021.
- This move comes after BTC inflated by 5.31% on Monday and nearly 5% in the early trading session on Tuesday.
- Investors need to be cautious of this volatility as it could see a significant sell-off.
Bitcoin price had low volatility between February 15 and 25, but in the last two days the buyers seem to have made a comeback as BTC hit $57,073 on Binance.
Bitcoin price hits $57,000
Bitcoin price has hit a new yearly high of $57,000 for the first time in more than two years. The bull run that began in 2023 is still going strong and shows no signs of stopping. The nearly 5% upswing noted on Tuesday, coupled with the Monday's 5% has made this move possible.
BTC/USDT 1-day chart
According to data from CoinGlass, this explosive move has liquidated nearly $250 million worth of positions on Monday, with $120 million liquidated as of February 27.
BTC liquidations
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Trump says Venezuela's Maduro deposed, captured after US strikesTrump says US successfully hit Venezuela, captured Maduro Explosions rock capital Caracas and other parts of VenezuelaTrump had urged Venezuelan leader Maduro to leave power Maduro government accused US of engaging in oil grabBy Idrees Ali WASHINGTON, Jan 3 (Reuters) - The U.S. struck Venezuela o...
Trump says US successfully hit Venezuela, captured Maduro Explosions rock capital Caracas and other parts of VenezuelaTrump had urged Venezuelan leader Maduro to leave power Maduro government accused US of engaging in oil grabBy Idrees Ali WASHINGTON, Jan 3 (Reuters) - The U.S. struck Venezuela o...
The EUR/USD pair trades in positive territory around 1.1755 during the early European trading hours on Friday.
Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. Gold finished 2025 with a significant rally, achieving an annual gain of around 65%, its biggest annual gain since 1979.
The global precious metals market experienced extreme volatility at the end of 2025, with silver prices plummeting nearly 9% on December 29, marking its largest single-day decline since 2
Silver price (XAG/USD) has lost its nearly a 4.5% gain registered in the previous session, trading around $72.50 during the Asian hours on Wednesday.
Related Instrument
