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Bitcoin Broke Through $57.5K, Reaching Its Highest Level Since May

Mary Liu

Summary: According to the data from the Bitpush terminal, Bitcoin has now remained above $50,000 for seven consecutive days. As of press time, the trading price of BTC has broken through $57,500, an intraday increase of 4%, reaching its highest level since May. Bitcoin's market dominance has risen to 45.51%. According to IntoTheBlock data, the derivatives ...

According to the data from the Bitpush terminal, Bitcoin has now remained above $50,000 for seven consecutive days. As of press time, the trading price of BTC has broken through $57,500, an intraday increase of 4%, reaching its highest level since May.

Bitcoin's market dominance has risen to 45.51%. According to IntoTheBlock data, the derivatives market is gaining momentum, Bitcoin perpetual swap contracts have risen to $16.06 billion, which is an increase of $5.68 billion from the September low.

By Mary Liu