{"id":10121,"date":"2022-03-09T05:47:45","date_gmt":"2022-03-09T05:47:45","guid":{"rendered":"http:\/\/egrowonline.com\/?p=10121"},"modified":"2022-03-09T05:47:45","modified_gmt":"2022-03-09T05:47:45","slug":"bitcoin-sees-sudden-8-rise-breaches-41k-ethereum-dogecoin-follow-course-bitcoin-united-states-dollar-btc","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=10121","title":{"rendered":"Bitcoin Sees Sudden 8% Rise, Breaches $41K \u2014 Ethereum, Dogecoin Follow Course &#8211; Bitcoin &#8211; United States Dollar ($BTC)"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"article-26054365\">\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a target=\"_blank\" class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\" rel=\"noopener\">BTC<\/a>) surged by 7.8% during Asian hours on Wednesday to\u00a0$41,632.<\/p>\n<p><strong>What Happened: <\/strong>The market-leading cryptocurrency added nearly $3,000 to its price as it surged above the $41,000 mark. The coin saw a 10% increase in trading volume which exceeded $31.6 billion at press time.<\/p>\n<p>The sudden spike in the digital asset\u2019s price caused over $32 million worth of liquidations in one hour alone. Of these liquidations, $22 million were Bitcoin liquidations alone.<\/p>\n<p>According to data from <a target=\"_blank\" href=\"https:\/\/www.coinglass.com\/LiquidationData\" style=\"color:#0563c1;text-decoration:underline\" rel=\"noopener\">CoinGlass<\/a>, more than 94% of liquidations across all major crypto exchanges occurred for traders in short positions.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.benzinga.com\/files\/u291444\/screenshot_2022-03-09_at_10.19.49_am.png\" style=\"height:213px;width:565px\" \/><\/p>\n<p><strong>Ethereum<\/strong> (CRYPTO: <a target=\"_blank\" class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\" rel=\"noopener\">ETH<\/a>), followed Bitcoin\u2019s momentum, gaining 6.5% and trading above $2,700.\u00a0<strong>Dogecoin<\/strong> (CRYPTO: <a target=\"_blank\" class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\" rel=\"noopener\">DOGE<\/a>) traded 2.4% higher at $0.1217. Among other major coins,\u00a0<strong>Solana <\/strong>(SOL), <strong>Avalanche <\/strong>(AVAX), and <strong>Terra <\/strong>(LUNA) gained 5%, 8%, and 16%, respectively.<\/p>\n<p>The biggest rallies were observed in privacy coins like <strong>Monero<\/strong> (XMR) and <strong>Zcash <\/strong>(ZEC) which surged by 26% and 19% on Wednesday.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/22\/03\/26054365\/bitcoin-sees-sudden-8-rise-breaches-41k-ethereum-dogecoin-follow-course\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) surged by 7.8% during Asian hours on Wednesday to\u00a0$41,632. What Happened: The market-leading cryptocurrency added nearly $3,000 to its price as it surged above the $41,000 mark. The coin saw a 10% increase in trading volume which exceeded $31.6 billion at press time. The sudden spike in the digital asset\u2019s price caused [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[41],"tags":[4719,50,2385,194,85,579,158,1497,163,1709,578,6017,577],"class_list":["post-10121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-41k","tag-bitcoin","tag-breaches","tag-btc","tag-dogecoin","tag-dollar","tag-ethereum","tag-follow","tag-rise","tag-sees","tag-states","tag-sudden","tag-united"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/03\/thought-catalog-xeo_7hswysa-unsplash_11.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10121"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10121\/revisions"}],"predecessor-version":[{"id":10123,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10121\/revisions\/10123"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/10122"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10121"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}