Bitcoin moved within reach of $90,000 in volatile European morning trading and fluctuated between highs well above $89,000, but hit resistance on its way to the next milestone. The price was less than $86,000. It was recently trading around $87,400. The surge over the past 24 hours resulted in nearly $900 million in liquidations in crypto futures trades, split evenly between bullish and bearish bets, with about $450 million each, according to Coinglass data. . Despite the price volatility, Bitcoin is up about 6% in 24 hours, outpacing the broader crypto market, which rose just under 3.5% as measured by the CoinDesk 20 index.
Bitcoin collides with $90,000 in volatile trading session
