On the night of Saturday, November 9, Bitcoin reached a new all-time high, hitting $77,199.
At the time of writing, Bitcoin is trading at $76,400.
Meanwhile, Ethereum surpassed the $3,000 mark, a level not seen since early August.
Following Bitcoin, other top-10 cryptocurrencies by market capitalization also moved into the “green zone.” The biggest gains over the past week were seen in Dogecoin (+28.2%), Cardano (+22.1%), Ethereum (+20.5%), and Solana (+20%).
The total market capitalization of the cryptocurrency market stands at $2.73 trillion. Bitcoin’s dominance index is 59.3%.
According to Coinglass, the total value of liquidated positions over the past 24 hours amounted to $229 million, with $124 million attributed to short positions.
On November 6, Bitcoin’s price set a new all-time high, reaching $75,000, and the next day, digital gold remained above $76,000 amid another Federal Reserve interest rate cut.
It’s worth noting that analysts from Galaxy Digital have excluded “signs of overheating” in Bitcoin after the repeated setting of new all-time highs.
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