Bitcoin surpassed 98 thousand dollars, liquidation exceeded 1.1 billion dollars.

Hot Developments in the Crypto Markets

Today, Bitcoin has surpassed the 98,000 dollar level, drawing investors' attention once again. However, this increase has led to liquidations exceeding 1.1 billion dollars in the markets. Notably, about half of the liquidations came from Bitcoin positions. The remaining liquidations were distributed among altcoins, indicating an increase in selling pressure.

Ethereum experienced a loss of over %9 in value in the last 24 hours. On the other hand, tokens like AAVE, JUP, and SUI faced double-digit losses. Many crypto assets have dropped to levels not seen for months.

In contrast, some assets like Zcash and Monero showed a rapid increase. Zcash (ZEC) managed to create a significant difference with an increase of over %1,000 since last August.