Slight Increase in Bitcoin Price
In the early hours of trading on Saturday, the price of Bitcoin and the cryptocurrency market experienced a slight increase, with most coins in the green zone.
The global cryptocurrency market value is currently 856.48 billion dollars, showing a 0.58% increase compared to the previous day.
Additionally, the total trading volume in the past 24 hours has decreased by 11.86%, reaching 371.7 billion dollars.
On the other hand, 426 million dollars in short positions in Bitcoin futures have been liquidated over the past 24 hours.
Bitcoin is trading at a slightly increased price of 16,988 dollars, and Ethereum is trading at 1,285 dollars with an increase of more than 1%.
Other well-known cryptocurrencies like Dogecoin, Shiba Inu, Ripple, and Cardano also saw price increases.