Major cryptocurrencies traded mixed on Thursday, with Bitcoin and Ethereum taking a breather, signaling the onset of the profit-taking season.
| Cryptocurrency | Gains +/- | Price (Recorded 9:30 p.m. EST) |
| Bitcoin (CRYPTO: BTC) | -0.28% | $61,199 |
| Ethereum (CRYPTO: ETH) | -1.21% | $3,375 |
| Dogecoin (CRYPTO: DOGE) | +6.91% | $0.12 |
What Happened:Bitcoin skyrocketed by 44% in February, surging past the $50,000 and $60,000 milestones for the first time in years, and reaching $64,000 on Wednesday.
In the last 24 hours, 114,440 traders faced liquidation, resulting in a total of $339.26 million in liquidated assets. The most significant liquidation occurred on Bitmex, involving the DOGE-USD with a value of $5.87 million.
CoinGlassdata reveals that BTC longs amounting to $56 million were liquidated, and an additional $34 million in long positions were impacted during the same period.
The...
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