{"id":402406,"date":"2019-10-26T03:23:51","date_gmt":"2019-10-26T03:23:51","guid":{"rendered":"https:\/\/wncen.com\/?p=402406"},"modified":"2024-06-11T13:31:31","modified_gmt":"2024-06-11T13:31:31","slug":"bitcoin-price-tapped-10600-in-fourth-largest-bull-move-ever","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-price-tapped-10600-in-fourth-largest-bull-move-ever\/","title":{"rendered":"Bitcoin Price Tapped $10,600 in Fourth Largest Bull Move Ever"},"content":{"rendered":"

For now, Bitcoin<\/a> (BTC) bulls seem to have decimated the bears. As of the time of writing this article, the leading cryptocurrency is at $9,800 \u2014 up over $2,500, some 38%, in the past 36 hours. This is around $800 short of the daily high of $10,600.<\/p>\n

This rally has gotten so out of hand that BitMEXRekt, a Twitter bot dedicated to updating Crypto Twitter to liquidations on its namesake platform<\/a>, has crashed.<\/p>\n

Related Reading: Bitcoin Price Rips Past $9,000, Now Up 20% On the Day<\/a><\/h6>\n

Bitcoin Up 40% on the Day<\/h2>\n

According to Alex Kruger<\/a>, Bitcoin, as the time of his tweet, was up 42% on the day. This purportedly represents the asset’s fourth-largest gain in its history, and the largest since May 10th, 2011.<\/p>\n

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$BTC<\/a> has moved +42% today<\/p>\n

– 4th largest gain in history and largest since May\/10\/2011 (if comparing against daily returns).<\/p>\n

– 15th largest two-day gain in history, Nov\/18\/2013.<\/p>\n

Thank you China. <\/p>\n

President Xi is the true Crypto Dad.<\/p>\n

— Alex Kr\u00fcger (@krugermacro) October 26, 2019<\/a><\/p><\/blockquote>\n