{"id":496283,"date":"2022-07-20T19:38:38","date_gmt":"2022-07-20T19:38:38","guid":{"rendered":"https:\/\/wncen.com\/?p=496283"},"modified":"2024-06-11T14:21:45","modified_gmt":"2024-06-11T14:21:45","slug":"short-positions-over-165-million-get-liquidated-following-the-bitcoin-and-ethereum-uptrend","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/short-positions-over-165-million-get-liquidated-following-the-bitcoin-and-ethereum-uptrend\/","title":{"rendered":"Short Positions Over $165 Million Get Liquidated Following The Bitcoin And Ethereum Uptrend"},"content":{"rendered":"
No one can say that the crypto winter is over yet, But the good news is that Bitcoin and ETH seem to have gained significant momentum in the past 24 hours. This greenish price movement has caused many investors to liquidate their short positions.<\/p>\n
Another good news is that the global crypto market cap that plummeted recently has gained $150 Billion. Now it is more than 1 Trillion.<\/p>\n
Ethereum Price Gains As Bitcoin Surges<\/h2>\n
As per available data on CoinMarketCap, BTC price at the time of writing is on the verge of registering the $24k mark, while Ethereum stands at $1,605, showing a major increase in 24 hours.<\/p>\n