Bitcoin reached its highest price so far in October, surging above $64,000 early on Oct. 14 and liquidating over $52 million from those betting its price would fall.
Crypto derivatives traders who bet the crypto market would fall have been liquidated for more than $100 million in the past day as Bitcoin’s price surged.
Bitcoin (BTC) rose above $64,000 early on Oct. 14, gaining 2.1% in the last 24 hours, breaking out from a tight range-bound weekend.
TradingView shows BTC peaked at $64,173, the highest it’s reached so far in October, returning to heights not seen since Sept. 30.
