HomeUncategorizedBitcoin price crosses $20K as daily crypto short liquidations pass $400M By Cointelegraph

Bitcoin price crosses $20K as daily crypto short liquidations pass $400M By Cointelegraph

October 26, 2022

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Bitcoin price crosses $20K as daily crypto short liquidations pass $400M

(BTC) spiked above $20,000 on Oct. 25 as risk assets benefited from new U.S. dollar weakness.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $20,191 on Bitstamp.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView
Crypto liquidations chart. Source: Coinglass
BTC/USD order book data (Binance) chart. Source: Material Indicators/Twitter
(DXY) 1-hour candle chart. Source: TradingView