Bitcoin price returns to the $16,000 range
In the early hours of Wednesday trading, the price of Bitcoin and the cryptocurrency market saw growth, with most coins in the green zone
The global cryptocurrency market value is currently $82,349 billion, showing a 5.38% increase compared to the previous day
Additionally, the total trading volume in the past 24 hours has decreased by 2.16%, reaching $6,349 billion
On the other hand, $3,039 million in short positions in Bitcoin futures have been liquidated over the past 24 hours
Bitcoin has risen by more than 5% to a price of $16,554, and Ethereum is trading at $1,163 after a jump of about 7%
Other well-known cryptocurrencies like Dogecoin, Shiba Inu, Ripple, and Cardano have seen price increases
