The entire Cryptocurrency market was seen celebrating Bitcoin increase until its new highest time. The world’s largest Cryptocurrency rose to a top of $ 111,861.22 and stunned the world again. BTC’s volatile nature worked best for society. Back in April, King Coin traded to a low $ 74,000. Therefore, this increase was very necessary and appreciated by Bitcoin’s investors. The impeccable growth of asset has been generally promised. But an investment made last year could have brought in remarkable profits today.
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Glick on Bitcoin’s latest price chart
During this period, Bitcoin market increased liquidations. According to data from Coinglass, over the past 24 hours, a total of $ 229.84 million from the BTC market was liquidated. In the midst of this, an astonishing $ 177.79 million short positions was liquidated and 52.05 million dollars long positions.
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Returns on an investment of 2024
Exactly one year ago, the king coin was priced at a low of $ 70,195. An investment made during that period will surely rise at today’s price. With Bitcoin currently acting at $ 111,407.32, an investor invested $ 5,000 in Cryptocurrency on May 22, 2024, when valued at $ 70,195, now see their investment increase to almost $ 7,933.53. For one year, this amounts to a profit of over 59%. An investment of higher size would have taken in much larger profits for Cryptocurrency.