Cryptocurrency Market Surge: Ethereum Soars, Triggering Short Liquidations!
Ethereum's price skyrocketed by 20%, driving other cryptocurrencies to surge, with over $750 million in short liquidations setting a new record for 2023. DOGE and ADA rose over 10%, while SOL, BNB, and XRP also performed well. Market sentiment is exuberant, and coupled with the effects of the US-UK trade agreement, Bitcoin briefly broke the $100,000 mark.
As retail investor sentiment warms up, the rebound of ETH and DOGE has eliminated a significant number of short positions, indicating a resurgence in market risk appetite. Major liquidations came from Binance and OKX, with liquidation amounts for ETH and Bitcoin futures hitting new highs, sparking investor interest.
Moreover, the growth potential of SOL should not be underestimated! SOL has already seized the potential of the meme wave, creating a new wave of memes, and those with spare cash are daring to position themselves early in some promising meme coins. Among them, meme coins related to Trump have been particularly popular, especially the heroic dog Co nan, backed by Trump's powerful IP and active community. Affected by the market, its market cap once fell below the $10 million mark, only to rebound above $10 million within a few days, showing tremendous resilience, presenting a great opportunity for entry and accumulation. The number of holders has exceeded 13.5K and continues to grow, making it a highly promising candidate for a bull market dark horse in the future!
$SOL $ETH $ADA
