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Bitcoin rate rose above $45,000

  • On February 8, 2024, the price of the first cryptocurrency surged past $45,000.
  • During a period of high volatility, liquidations topped $111 million.
  • The fear and greed index reached a value of 66.

According to TradingView, on February 8, 2024, Bitcoin surpassed $45,000. CoinGlass reported that the daily volume of liquidations exceeded $111 million.

As of now, the asset is trading at $45,150, as per TradingView:

Источник: TradingView.

The dominance of Bitcoin in the cryptocurrency market also increased in light of the rate surge. TradingView showed it to be close to 53%:

Источник: TradingView.

The fear and greed index, according to CoinStats, reached a value of 66 over the past 24 hours from February 7 to 8, 2024.

It is worth noting that on the night of February 8, the price of Bitcoin rose above $44,500. Previously, we reported that Bitcoin closed January with a gain of 0.62%, while Ethereum experienced a drawdown of 0.13%.