Bitcoin Rockets To $66,400, Triggering $131 Million In Liquidations

Bitcoin jumped above $66,000 on Friday, reclaiming its highest market value since early June.

The digital asset’s value rose from $64,102 at 13:27 UTC on Thursday to $66,472 at 17:00 UTC. It is trading at $66,332 at the time of writing.
This is the highest price Bitcoin has reached since early June, shortly after the U.S. Securities and Exchange Commission approved the listing of Ethereum (ETH) exchange-traded funds on national exchanges. Experts say the first batch of Ethereum ETFs are set to launch early next week.
As Bitcoin rose, Ethereum rose 2.3% on the day to $3,488, while Solana (SOL) rose 7.9% to $169.
according to coin glassOver $131 million worth of liquidations have occurred in the cryptocurrency market in the past 24 hours. This includes 42,000 affected traders.
The increase is within Worldwide computer outage This affected the operations of many banks, airlines, television stations and other companies.
The issue, which originated with cybersecurity firm CrowdStrike, arose after the company rolled out a flawed update that rendered many of its partner computers — including those running Microsoft’s Windows operating system — unable to boot.
Thanks to the decentralized nature of Bitcoin, the blockchain network has remained fully operational.
“Do you know what kind of currency has not been affected by widespread internet outages? Bitcoin,” I tweeted Republican Sen. Cynthia Lummis on Friday. “Vires in Numbers.”