Odaily星球日报讯 比特币在芝加哥商品期货交易所（CME）的期货价格突破 10 万美元大关，但在主流加密货币交易所的现货价格暂未突破 10 万美元。

比特币在芝商所的期货价格突破10万美元

Odaily Odaily reported that the futures price of Bitcoin on the Chicago Mercantile Exchange (CME) has exceeded the $100,000 mark, but the spot price on mainstream cryptocurrency exchanges has not yet exceeded $100,000.

Bitcoin futures price at CME Group crosses $100,000

According to Coinglass data, if Bitcoin breaks through $97,000, the cumulative liquidation intensity of short positions on major CEXs will reach $811 million. Conversely, if Bitcoin falls below $94,000, the cumulative liquidation intensity of long positions on major CEXs will reach $1.054 billion.

If Bitcoin falls below $94,000, the cumulative long order liquidation intensity of mainstream CEX will reach 1.054 billion

According to Odaily Planet Daily, in a note to clients, Alex Thorn, head of research at Galaxy Digital, wrote: "Once some leverage is flushed out and short-term buyers take profits, we believe BTC may find a strong support base and could attempt to break through the $100,000 level again in the short term." Alex Thorn said that corrections in a bull market are normal and often very severe. Even during the period from March to November this year, BTC experienced 5 declines of 15% or more, and now there are numerous positive catalysts for Bitcoin and cryptocurrencies. The market expects a series of positive signals on regulation and policy, with the relaxation of regulatory resistance, the absence of enforcement actions, or regulatory guidance, which could greatly expand the access channels for US institutional investors to cryptocurrencies.

Galaxy Digital: Bitcoin bull market has staying power, may try to break through $100,000 again in the short term

The cryptocurrency market performance
Currently, the total market capitalization of cryptocurrencies is $32.7 billion, with BTC accounting for 59.64%, which is $19.5 billion. The stablecoin market capitalization is $188.9 billion, which has surpassed the highest level of crypto stablecoins in April 2022.
This week, the price of BTC has shown a fluctuating upward trend, with the current price of BTC at $98,483; ETH has shown range-bound fluctuations, with the current price of ETH at $3,332. It must be said that the performance of ETH in this bull market has been disappointing. In terms of innovation, it has shown some signs of "running out of steam," or perhaps it is a case of "the bigger they are, the harder they fall," making it difficult to compare to its former glory...