Bitcoin hits new high XBIT market bull-bear game intensifies make good use of currency leverage
On April 21, the global cryptocurrency market experienced a violent shock. The price of Bitcoin once exceeded $87,000, setting a new high in nearly three months; Ethereum returned to above $1,600, Solana (SOL) also rose to above $140, and the altcoin sector generally rose slightly. However, market risk sentiment has not fully recovered. According to XBIT (dex Exchange) statistics, the 24-hour liquidation amount of open contracts on the entire network reached $220 million that day, of which short orders accounted for more than 60%, indicating a fierce game between bulls and bears.
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Macro pressure and policy game become the main reasons for the market
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