On Sunday, bitcoin (
BTC
) climbed past $69,000, hitting an intraday peak of
$69,363 per coin
. Over the past week,
BTC
gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. The global trading volume across the crypto economy sits at $71.30 billion, with
BTC
contributing $15.25 billion to that figure. The last time
BTC
touched these levels was late July 2024, but it dropped sharply to $49,577 during the first week of August.
This time around,
BTC
gradually edged back up to the $69,000 mark, experiencing only
$117.7 million
in liquidations throughout the broader crypto economy’s derivatives markets. Surprisingly,
BTC
liquidations lagged behind those of apecoin (APE) and ethereum (
ETH
), which saw larger wipeouts over the past day. Meanwhile,
BTC
is trading at a lower price in South Korea, where Upbit shows the coin sitting at
$68,809
while it surpasses $69,000 elsewhere.
