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Why Bitcoin & Ethereum Prices Suddenly Surged Today—Should Traders Be Cautious?

Why Bitcoin & Ethereum Prices Suddenly Surged Today—Should Traders Be Cautious?

The post Why Bitcoin & Ethereum Prices Suddenly Surged Today—Should Traders Be Cautious? appeared first on Coinpedia Fintech News

After a prolonged consolidation, the crypto market witnessed a sharp upswing that pushed the Bitcoin price to $70,000 for the first time since the June sell-off. Billions of liquidity entered the market, while short liquidations that were recorded doubled. Besides, the Ethereum price outperformed all the other altcoins and recorded more than a 20% jump …