Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»The price of Bitcoin briefly surpassed $42,000, returning to pre-Terra collapse levels.
ADOPTION NEWS

The price of Bitcoin briefly surpassed $42,000, returning to pre-Terra collapse levels.

By Crypto FlexsDecember 5, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The price of Bitcoin briefly surpassed ,000, returning to pre-Terra collapse levels.
Share
Facebook Twitter LinkedIn Pinterest Email

bitcoin BTC

-0.04%
The price of has risen more than 6% in the last 24 hours, returning to levels last seen before the collapse of Terra in May 2022.

According to The Block’s Bitcoin price page, the largest digital asset by market capitalization rose to $42,100 today. It has seen a sharp decline since breaking the milestone and is currently changing hands at $41,600.

This is a full retracement of BTC’s $41,000 level as of early May 2022. We can also see that the value of digital assets has increased by more than 150% since the beginning of the year.

The current global cryptocurrency market cap is $1.62 trillion, up 4.0% in the last 24 hours. The last time the combined cryptocurrency market capitalization reached this level was in late April 2022.

Increased trading volume

According to The Block’s data dashboard, cryptocurrency exchange trading volume in November was over $826 billion. This is the highest monthly trading volume since March of this year.

Since the beginning of this month, on-chain data shows that Bitcoin daily trading volume has increased from over $30 billion on December 1 to its current value of $32 billion. BTC trading volume is currently at a yearly high and the highest level since November 2022.

liquidation of sell position

According to data from Coinglass, 75,887 traders were liquidated in the last 24 hours, with a total liquidation amount of over $216 million. Most of these liquidations were short positions. Last day, $166 million of shorts were liquidated, while long positions were liquidated at just over $50 million.

According to Coinglass data, more than $86 million worth of leveraged Bitcoin positions were liquidated in the last 24 hours. Of these, more than $76 million were short sellers and only about $10 million were long positions.

Other blue-chip cryptocurrencies posted modest gains on Monday. Ethereum rose more than 4% to remain above $2,250. BNB recorded a slight increase of over 2% at its current price of $234. Solana has been flat over the past 24 hours, hovering around $63.50.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Checkpoint #4: Berlinterop | Ether Leeum Foundation Blog

June 28, 2025

TRON Price Propects USDT supply exceeded $ 80 billion

June 28, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Most Popular

Tether advances global blockchain ambitions with Uzbekistan partnership

March 7, 2024

Enhancing Robot Simulation with ROS 2 and NVIDIA Isaac Sim

October 22, 2024

eth2 quick update number 18

January 28, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.