Wednesday , December 17 2025
Home / Bitcoin (BTC) / Bitcoin Tests $20k As End of Week Rally Continues

Bitcoin Tests $20k As End of Week Rally Continues

Summary:
Bitcoin is pushing against the k price level for the first time since early November, prior to FTX’s collapse. As of 22:28 UTC, Bitcoin traded at ,962, up from roughly ,800 at the start of the day. Its price climbed especially fast 21:34 UTC, when it sprang from ,450 to .823 within 5 minutes.  Liquidations remain high, with million across 45,000 crypto traders being cleared within the past hour, according to Coinglass. The largest liquidated trade within the past 24 hours took place on OKX, affecting a BTC-USD swap for million.  Bitcoin has been rallying since Thursday when Bitcoin broke past ,000 for the first time in months, triggering 0 million in liquidations.  The Bitcoin Fear and Greed Index rose again on Friday from a score of 30 to 31,

Topics:
Andrew Throuvalas considers the following as important: , , , , ,

This could be interesting, too:

Chayanika Deka writes Yuga Labs Secures Major Win as SEC Closes Investigation Without Charges

Andrew Throuvalas writes Bitcoin Soars Back To ,000 After BlackRock CEO Says “Buy The Dip”

Chayanika Deka writes XRP, SOL, and ADA Inclusion in US Crypto Reserve Pushes Traders on Edge

Chayanika Deka writes Why Arthur Hayes Is Bullish on Bitcoin Under Trump’s Economic Strategy

Bitcoin is pushing against the $20k price level for the first time since early November, prior to FTX’s collapse.

  • As of 22:28 UTC, Bitcoin traded at $19,962, up from roughly $18,800 at the start of the day.
  • Its price climbed especially fast 21:34 UTC, when it sprang from $19,450 to $19.823 within 5 minutes. 
  • Liquidations remain high, with $70 million across 45,000 crypto traders being cleared within the past hour, according to Coinglass.
  • The largest liquidated trade within the past 24 hours took place on OKX, affecting a BTC-USD swap for $4 million. 
  • Bitcoin has been rallying since Thursday when Bitcoin broke past $19,000 for the first time in months, triggering $350 million in liquidations. 
  • The Bitcoin Fear and Greed Index rose again on Friday from a score of 30 to 31, indicating slightly more greed.
Bitcoin / USD. Source: TradingView

You Might Also Like:

Leave a Reply

Your email address will not be published. Required fields are marked *