On Sunday, bitcoin ( BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with BTC contributing $15.25 billion to that figure. The last time BTC touched these levels was late July 2024, but it dropped sharply to $49,577 during the first week of August.
BTC Hits $69K Amid Big Market Moves: Here’s How Markets Are Moving
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This time around, BTC gradually edged back up to the $69,000 mark, experiencing only $117.7 million in liquidations throughout the broader crypto economy’s derivatives markets. Surprisingly, BTC liquidations lagged behind those of apecoin (APE) and ethereum ( ETH), which saw larger wipeouts over the past day. Meanwhile, BTC is trading at a lower price in South Korea, where Upbit shows the coin sitting at $68,809 while it surpasses $69,000 elsewhere.
