Bitcoin’s price is setting new records every day, with the current value around HUF 35 million. This is due to a combination of factors, including Bitcoin’s growing popularity and the weakening of the US dollar. The exchange rate of the US dollar has dropped 6.6% against the euro since the beginning of October.
Since the US presidential election in November, Bitcoin has increased 21.6% in value. In the last 24 hours, leveraged positions with a total value of 230 million dollars were liquidated, with $131 million of shorts and $106 million of longs closed.
