This week’s momentum in the crypto market is continuing. It has risen to $23,000, a price it hasn’t seen in more than a month. This sudden surge in trades has wiped out more than $600 million.
According to Coinglass.com, $630 million worth of crypto market assets have been cleared within the last 24 hour. This is despite Ethereum’s strong rally from Monday. It traded at $22,460 at 15 :20 UST and quickly jumped to $23,160 16 minutes later. It trades at $22,853 as of the writing.
Bitcoin/USD Source: TradingView
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