Bitcoin sets another record above $113,000

Bitcoin On Thursday, it climbed to the highest level of all time, and based on its previous record, it reached only the day before the investors jumped into risk assets and liquidated short positions.

The flagship crypto currency was about 2% higher than $ 113.459,16. Previously, it rose to $ 113.863.18.

In the afternoon of Thursday, Bitcoin saw short liquidations of approximately $ 318 million in central exchanges in a 24 -hour period, according to Coings. When merchants use leverage for short Bitcoin and use the price increases of the crypto currency, they buy Bitcoin back to increase the price, which raises the price and causes more positions to be liquidated.