Just a day after California-based chipmaker Nvidia (Nasdaq: NVDA) became the first company to reach a $4 trillion market capitalization on Wednesday, bitcoin ( BTC) rose to an all-time high, blowing past $113K on Thursday afternoon. Short sellers betting on the cryptocurrency’s price to fall suffered heavy losses totaling more than $302 million, according to Coinglass.

Signs of a rally began on Wednesday when the digital asset rose to just below $112K depending on the exchange quoted. Data vendors such as Coinmarketcap average out the prices of all asset pairs (such as BTC/USD) for a cryptocurrency across multiple exchanges to arrive at a single “official” price. That price will differ slightly from one data vendor to another and from one exchange to the next.

Yesterday, not all vendors quoted a new record price for bitcoin, but today was unambiguous, BTC surged by more than 3% to reach a fresh all-time high of $113,699.03, according to Coinmarketcap.

As of this writing, the cryptocurrency has been trading between $109,059.38 and $113,699.03 over the past 24 hours and the quoted price was $113,316.60 at the time of reporting. That price represents a 3.68% jump since yesterday and 3.37% increase over the past week.

Trading volume since Wednesday afternoon surged 49.04% to $65.31 billion. Bitcoin’s market capitalization naturally climbed 3.68% and is now sitting at $2.25 trillion. BTC dominance is on its way back to 65% after increasing by 0.07% since yesterday to reach 64.80%.

Total value of BTC futures contracts jumped by 10.55% to $83.23 billion in the last 24 hours. Liquidations, as mentioned earlier, were heavy at a whopping $312.64 million since yesterday. Short sellers bled profusely, getting wiped out to the tune of $302.56 million. Bulls suffered a relatively smaller $10.09 million in liquidations.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。