On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with BTC contributing $15.25 billion to that figure. The last time BTC touched these levels was late July 2024, but it dropped sharply to $49,577 during the first week of August.
This time around, BTC gradually edged back up to the $69,000 mark, experiencing only $117.7 million in liquidations throughout the broader crypto economy’s derivatives markets. Surprisingly, BTC liquidations lagged behind those of apecoin (APE) and ethereum (ETH), which saw larger wipeouts over the past day. Meanwhile, BTC is trading at a lower price in South Korea, where Upbit shows the coin sitting at $68,809 while it surpasses $69,000 elsewhere.
Source: Bitcoin
