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On the morning of January 20, the Bitcoin (BTC) rate updated its historical maximum. The price of the first cryptocurrency reached $109,358 on the Coinbase exchange and $109,588 on Binance paired with USDT.
Over the past day, the leading digital asset rose in price by 2.1%, its capitalization reached $2.14 trillion. The total capitalization of cryptocurrencies during this time increased by 1%, to $3.83 trillion.
The previous historical maximum of Bitcoin was reached on the evening of December 17, 2024, when its price rose above the $108.3 thousand mark - $108,388 on the American crypto exchange Coinbase and 108,353 USDT on Binance.
As cryptocurrency rates rose, 414,000 traders' positions worth a total of $1.25 billion were liquidated on exchanges in 24 hours. Most of the forcibly closed positions ($918 million) were long, meaning they were moving against the fall in cryptocurrency rates. 4 replies
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