Based on the most recent data, the price of Bitcoin has experienced a 2.3% uptick, swiftly rising from approximately $25,800 to its current trading level of $26,200.
Notably, altcoins also displayed gains, albeit on a proportionally smaller scale. Ethereum’s price witnessed a 1.28% increase, BNB’s price rose by 1.12%, and XRP’s price saw a 0.97% uptick within the past hour.
![](https://sollcrypto.com/wp-content/uploads/2023/09/Screen-Shot-2023-09-08-at-6.56.02-AM.png)
Within the top 100 cryptocurrencies, the most notable hourly gains were recorded by ALGO, LTC, and LINK.
In terms of liquidation data, the cryptocurrency market saw approximately $28.33 million in liquidations during the last hour. Of this total, around $23.75 million came from short positions, while $4.59 million stemmed from long positions.
The highest liquidation figures were associated with BTC, totaling $17.87 million, followed by ETH, TRB, and SOL.
![](https://sollcrypto.com/wp-content/uploads/2023/09/Screen-Shot-2023-09-08-at-6.56.44-AM.png)
An event of significant importance, capable of driving this upswing, did not occur today. Nevertheless, the news of JPMorgan’s intention to introduce a blockchain-based token stood out as one of the favorable developments in the day.
(Note: This is not to be considered as investment advice.)