Ethereum

Bitcoin

Rise

The positive atmosphere in the cryptocurrency <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market</a> continues. In recent days, <a href="https://en.coin-turk.com/current-view-of-the-cryptocurrency-market-and-detailed-analysis/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> reached a new high in 2023, surpassing $38,000. Today, another new high in 2023 has been reached, this time for Ethereum. These developments indicate a bullish sentiment in the crypto market.
<h2 id="bitcoin-reaches-39-705-and-ethereum-hits-2-186">Bitcoin Reaches $39,705 and Ethereum Hits $2,186</h2>
The leader of cryptocurrencies, Bitcoin, has reached a new high in 2023, settling at $39,705. At the time of writing, <a href="https://en.coin-turk.com/analyst-predicts-market-rise-as-bitcoin-bulls-gain-momentum/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a> has retraced to around $39,322.
<img decoding="async" class="alignnone wp-image-283875 size-full" src="https://coin-turk.com/wp-content/uploads/2023/12/btc-cointurk-1.png" alt="" width="1487" height="906">
The leader of altcoins, Ethereum, has also reached a new high in 2023, reaching $2,186. After reaching this level, Ethereum experienced a slight pullback. At the time of writing, ETH is trading at $2,153.
<img decoding="async" class="wp-image-283876 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/ethereum-cointurk-2.png" alt="" width="1919" height="911">
<h2 id="sharp-rise-leads-to-liquidations">Sharp Rise Leads to Liquidations</h2>
This sharp rise has also led to liquidations. Within the past hour, $51 million worth of short positions has been liquidated, while the liquidation amount in long positions is around $5 million.
<img decoding="async" class="wp-image-283872 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/tasfiye-cointurk.png" alt="" width="1884" height="658">
In the last 24 hours, according to Coinglass data, $90 million worth of short positions and $20.64 million worth of long positions have been liquidated.
<ul class="Summary">
 <li>The cryptocurrency market continues to rise with positive sentiment.</li>
 <li>Bitcoin reached a new high of $39,705, while Ethereum reached $2,186.</li>
 <li>However, the sharp rise also resulted in significant liquidations.</li>
</ul> Continue Reading: <a href="https://en.coin-turk.com/crypto-market-continues-to-rise-bitcoin-and-ethereum-reach-new-highs-in-2023/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/crypto-market-continues-to-rise-bitcoin-and-ethereum-reach-new-highs-in-2023/</a>

Crypto Market Continues to Rise, Bitcoin and Ethereum Reach New Highs in 2023

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