After Trump's victory, Bitcoin has continued to rise in recent days, breaking through $77,000 for the first time at 3 am yesterday, reaching a high of $77,200, and then began to plummet, falling to a low of $75,714 at 1 am this morning, before stabilizing and rising again, briefly surging to $77,100 this morning before falling back, currently trading at $76,724, up 0.4% in the last 24 hours.
Ethereum, on the other hand, has performed strongly, rising continuously since the 6th, breaking through $3,000 yesterday, and reaching a high of $3,157 at 7 am this morning, a new high since August 1st, and is currently trading at $3,114, up 4.4% in the last 24 hours.
Top 10 Tokens Broadly Rising
CoinGecko data shows that the other top 10 market cap tokens are broadly rising, with the biggest gains being Doge, up 12.4% to $0.2241, and ADA, up 18.5% to $0.5158. Additionally, SOL is up 0.3% to $199.61, BNB is up 0.5% to $625.82, and XRP is up 3.5% to $0.5684.
$291 Million in Liquidations in the Past 24 Hours
CoinGecko data shows that the current total cryptocurrency market cap is $2.767 trillion, up 0.7% in the last 24 hours, with BTC's market dominance at 55% and ETH's at 13.7%.
Notably, amid the volatile rise in BTC, according to Coinglass data, there were $291 million in total crypto liquidations in the past 24 hours, with $94.88 million in long liquidations and $197 million in short liquidations, affecting over 110,000 traders.
Of these, Ethereum had the largest liquidation amount at $57.91 million, followed by BTC at $48.9 million, and the 3rd to 5th largest were Doge at $17.46 million, HMSTR at $11.94 million, and SOL at $11.63 million.
