Ah, Bitcoin! It’s doing that thing again, isn’t it? Breaking through the once-mighty $90,000 mark like it’s a mere twig under a sumo wrestler’s boot. That’s right, folks, the last time it touched this magical number was all the way back on March 7th—an eternity in crypto terms. But now, like a cat that just knocked something off the counter, it’s back! 🐾
In the past 24 hours, Bitcoin has graciously bestowed upon us a 3.3% rise, which, if we’re doing math right, brings its weekly gains to a robust 7.3%. CoinGecko, ever the watchful observer, tells us that Bitcoin now holds a dominant 61.6% stake in the market. Yes, you read that correctly—more than 60%. Is it ruling the crypto world like a benevolent king or an overenthusiastic toddler? Only time will tell. 👑
In fact, it’s such a dominating force that CryptoPotato—who’s clearly been sipping the Bitcoin Kool-Aid—reported that Bitcoin’s market dominance has reached a 4-year high. And what’s that? Oh, right, investor confidence is through the roof! It’s almost as if people believe Bitcoin is, you know, *worth* something. 😅
But wait, don’t go thinking that Bitcoin is the only player in town. Oh no, Ethereum’s trying to keep up with a humble 1.5% increase, while XRP manages a shy 1% rise. But then, oh boy—here comes SOL and DOGE, practically flying by with nearly 4% gains each. Move over, Ethereum, these guys have places to be. 🚀
And, of course, this surge has led to a nice little uptick in liquidations, currently standing at a cool $320 million. Naturally, most of these are short positions, which makes you wonder—how many people are out there trying to bet against Bitcoin? You’d think they would’ve learned by now. But hey, they’re welcome to try again next time. 💸
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2025-04-22 17:18