The CRIPTO liquidation market exceeds 600 million dollars, Bitcoin exceed $ 93K

For the first time in seven weeks, Bitcoin surpassed $ 93,000, moving the extent that resulted in more than $ 600 million liquidation crypto.

As a time of pressure, Bitcoin (Btc) is traded in the amount of $ 93,069, in the last 24 hours in the last 24 hours. Ethereum (El) jumped 12% to $ 1,768 while Solana (Salt) is 7% to $ 149. The overall market market markets increased by 4% to slightly more than three trillion dollars.

According to coigiglass data602 million dollars were liquidated from the cryptocurrency market in the last 24 hours, increased 130%. In addition, the open interest rose 14% to 121.6 billion dollars, indicating an increase in market roles. Despite the overall market, Altcoin Season Index, which is 16, shows that the market is still in “Bitcoin Seasons”.

American Bitcoin Trading Exchange, on the other hand, recorded its third straight day inflow. 22. April, Net inflows hit 936 million dollars, according to Sosovali data. This was the highest daily total number because Donald Trump took the function earlier this year.

The rally greatly encouraged the improved market feeling while investors predict potential cooling of the US-China trade war. At 26. April, press for the press of white houses, President Trump softened his position on several key economic issues, as export by the guardian. The president said that tariffs in Chinese import “would descend significantly”, although they would not be eliminated.

He also announced that he had no “or intent” abolition The Chairman of the Federal Reserve Jerome Powell, after criticizing him for interest rates earlier. These comments arrived in parallel with statements from SCOTT Bessent Secretary, who said that the current tariffs were unsustainable and hinted at possible de-escalation in the SAD China’s trade dispute.

In addition to the crypto market, traditional markets responded positively, and the S & P 500 rise 2.51%, Nejadda rose by 2.87%, and Dov Jones received 2.66%, according to Google Finance data. Gold also saw sharp moves, they grow to $ 3,500 briefly before returning.

The following interest rate federal reserves decision Both constant fiscal negotiations between the United States and China are likely to remain key catalysts for Bitcoin in the coming weeks.