The crypto community has been taken by surprise as Bitcoin (BTC) experiences a fresh breakout. Just a few minutes ago, BTC’s price unexpectedly surpassed the $91,000 mark, almost reaching the crucial milestone of $92,000.
In doing so, Bitcoin hit a new all-time high of $91,937 before dropping back to $91,000 at the time of writing. With this latest price surge, BTC has shown a 4.5% growth in the past 24 hours. Remarkably, the asset gained $1,000 in just one minute.
Upon reviewing the liquidation data, we observed substantial liquidations due to high volatility. The crypto market has just undergone a major liquidation event totaling $635 million in the past 24 hours.
Of this, $156 million was in Bitcoin, with the remaining amounts spread across Ethereum, Dogecoin, and other tokens, most notably PNUT.
