BTC surged to 77,000 USD and then plummeted, Ethereum rose above 3150 USD! The entire network Get Liquidated 291 million USD in a single day.

The Trump effect continues to ferment in the cryptocurrency market. BTC broke through $77,000 for the first time yesterday before the price dropped. However, it challenged $77,000 again this morning, continuing to push for new highs. Ethereum rose above $3,150, hitting a new high in three months. Despite the rise in BTC, cryptocurrency liquidations reached $291 million in a single day. After Trump’s victory, BTC has been rising continuously, breaking through $77,000 for the first time at 3 am yesterday, reaching a high of $77,200. The price then dropped to a low of $75,714 at 1 am this morning, before rebounding. Ethereum, on the other hand, has been showing strength, continuously rising since the 6th, breaking $3,000 yesterday and reaching a high of $3,157 at 7 am this morning. The top ten tokens, according to CoinGecko, are mostly rising, with DOGE and ADA rising significantly by 12.4% to $0.2241 and 18.5% to $0.5158 respectively. SOL rose by 0.3% to $199.61, BNB rose by 0.5% to $625.82, and XRP rose by 3.5% to $0.5684. In the past 24 hours, the total liquidations amounted to $291 million. The total market cap is $2.767 trillion, with a 0.7% increase in the last 24 hours. BTC dominance is 55%, and ETH dominance is 13.7%. It is worth noting that with the fluctuations in BTC, according to Coinglass data, total liquidations in the past 24 hours reached $291 million, with long orders liquidated at $94.88 million and short orders at $197 million, affecting over 110,000 people. Among them, Ethereum had the highest liquidation amount at $57.91 million, followed by BTC at $48.90 million, and DOGE, HMSTR, and SOL at $17.46 million, $11.94 million, and $11.63 million respectively.