Bitcoin Tops $67K, Nearing Silver's $1.38T Market Cap

Bitget2024/03/05 05:09

By:Bitget

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Bitcoin (BTC) continued to knock off $1,000 milestones Monday, surging past $67,000 and nearing not just its own record high of $69,000, but the nearly $1.4 trillion market capitalization of silver.

Bitcoin Tops $67K, Nearing Silver's $1.38T Market Cap image 0

The largest and oldest crypto asset broke out from its week-long sideways consolidation capped below the $64,000 level, hitting $67,500 during the U.S. trading session, up 7% over the past 24 hours.

With this year's meteoric rise, BTC is rapidly becoming one of the largest global assets, and at current levels has surpassed the $1.3 trillion market capitalization threshold. It is now closing in on silver's market cap of $1.4 trillion, according to data compiled by CompaniesMarketCap after earlier in this bull run toppling that of Facebook parent company Meta Platforms (META).

Source: CoinDesk

Futures Market Updates

Over $105 million in BTC Short positions got liquidated in the last 24H.

Bitcoin Futures Updates

Total BTC Open Interest: $32.20B (+12.25%)

BTC Volume (24H): $130.07B (+96.30%)

BTC Liquidations (24H): $27.64M (Long)/$105.12M (Short)

Long/Short Ratio: 50.91%/49.09%

Funding Rate: 0.0829%

Ether Futures Updates

Total ETH Open Interest: $12.00B (+3.51%)

ETH Volume (24H): $44.96B (+54.18%)

ETH Liquidations (24H): $13.91M (Long)/$37.49M (Short)

Long/Short Ratio: 51.45%/48.55%

Funding Rate: 0.0488%

Top 3 OI Surges

1000XEC: $22.23M (+224.89%)

KISHU: $2.68M (+159.41%)

1000BTT: $4.65M (+152.67%)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Intel plans to raise prices for its PC CPUs by about 10% in October, marking the third round of price increases since the end of 2025. Meanwhile, CEO Chen Liwu is reviewing low-margin product lines, with some products possibly facing discontinuation and market withdrawal. The main segments affected are industrial computers, IoT, and the embedded market. The core logic behind this round of adjustments by Intel is to prioritize gross profit margin, moving away from the previous strategy of boosting volume through lower prices.

华尔街见闻•2026/09/08 00:21

Stellar price rises 4.6% as network activity and trading volume surge

Cointurk•2026/09/08 00:12

154.06! Yen rises to highest since February, surpassing the peak of Japan-US joint intervention

华尔街见闻•2026/09/08 00:05