Bitcoin

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>Bitcoin (<a href="http://www.cryptoslate.com/coins/bitcoin">BTC</a>) touches $30,000 and is up over 5% today.</li>
<li>Liquidations were heavy to the short side — to over $120 million in the past 24 hours.</li>
<li>The <a href="https://twitter.com/jimmyvs24/status/1651148639593541632?s=20">perpetual funding rate</a> on Bitcoin went negative this morning.</li>
<li>While futures open interest has risen over 8% in the past 24 hours, and then collapsed on the run-up to $30,000.</li>
</ul>
<figure id="attachment_320728" aria-describedby="caption-attachment-320728" style="width: 1834px" class="wp-caption aligncenter"><img class="wp-image-320728 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/04/BTC11.png" alt="BTCUSD: (Source: Trading View)" width="1834" height="989" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/BTC11.png 1834w, https://cryptoslate.com/wp-content/uploads/2023/04/BTC11-300x162.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/BTC11-1024x552.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/BTC11-768x414.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/BTC11-1536x828.png 1536w" sizes="(max-width: 1834px) 100vw, 1834px" /><figcaption id="caption-attachment-320728" class="wp-caption-text">BTCUSD: (Source: Trading View)</figcaption></figure>
<p><img class="aligncenter size-full wp-image-320724" src="https://cryptoslate.com/wp-content/uploads/2023/04/30.png" alt="" width="1200" height="180" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/30.png 1200w, https://cryptoslate.com/wp-content/uploads/2023/04/30-300x45.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/30-1024x154.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/30-768x115.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></p>
<p>&nbsp;</p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/insights/bitcoin-approaches-30k-amid-140m-of-liquidations-in-24-hours/">Bitcoin approaches $30k amid $140M of liquidations in 24 hours</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

Bitcoin approaches $30k amid $140M of liquidations in 24 hours

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