The price of the number one cryptocurrency, bitcoin (BTC), has just smashed through its all-time high of around USD 64,800, reaching as high as USD 66,000 and above on several exchanges on Wednesday at 13:50 UTC.
The upwards move happened in an explosive way over the course of just 5 minutes, starting at 13:40 UTC, before a slight reversal came.Â
As usual, liquidations also followed, with data from Bybt showing that short positions on bitcoin worth nearly USD 77m were liquidated across major exchanges during the last hour.Â
As reported, the new all-time high in US dollars today follows highs in a number of other fiat currencies earlier, including the euro and the Japanese yen.
BTC price chart:
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Reactions:
*BITCOIN RISES TO ALL-TIME HIGH, SURPASSING APRIL PEAK
This thing flew through 65K and almost went immediately over $66k before settling a tad.
— James Seyffart (@JSeyff) October 20, 2021
Except the right value is $384,400 since you have to take the earth moon distance in kms
— Mulder (@mulder19XX) October 20, 2021
All time high in October, delivered as promised.
See you at 6-figure bitcoin 😘 https://t.co/lVl9idrp3p
— cobie (@CryptoCobain) October 20, 2021
Source: Cryptonews
