Bitcoin Climbed to a new record of all time on Thursday, based on his previous record reached just a day earlier, while investors have put themselves in risk assets and liquidated short positions.
The price of the flagship cryptocurrency was from the last to around 2% to 113,459.16 $. Earlier, it increased up to $ 113,863.18.
On Thursday afternoon, Bitcoin experienced around $ 318 million in short liquidations through centralized exchanges during a 24-hour period, according to Coinglass. When traders use the lever effect on short bitcoin and the price of cryptocurrency, they buy bitcoin on the market to close their positions, which increases the price and makes more positions liquidate.
Bitcoin this week
