The price of the first cryptocurrency rose sharply to $30.6 thousand. Against this backdrop, traders who were short-sellers lostmore than $ 130 million per hour.
Bitcoin price rises above $ 30 for the first time in historythous. According to tradingview.com, over the past 24 hours the price of the first cryptocurrency has grown by 4%, to $ 30.6 thousand. At the moment, it rose to $ 30.9 thousand, setting a new historical maximum at this level. Over the past year, BTC has risen in price by 340%.
Photo: tradingview.com
Amid the rise in the price of bitcoin, there was a massiveliquidation of short positions of traders. According to bybt.com, over the past hour, users who held short positions on BTC and other cryptocurrencies, that is, expected a fall in their value, lost more than $ 130 million. The loss of one of the traders exceeded $ 4 million.
At the end of December, the former analyst of Bear investment banksStearns and JPMorgan Ton Weiss predicted that in 2021 the bitcoin rate will rise to $ 100 thousand. The expert called this scenario "conservative", noting that under favorable circumstances, BTC may rise to $ 200-300 thousand.
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