Bitcoin Surge Causes Over $500M in Liquidations, Highest in 3 Months

Major cryptocurrencies are up an average of 20% since last week, CoinGecko data shows. Bitcoin ( $78,114.00 ) surged 22% to over $21,000 on strong CPI data, ether jumped to as much as nearly $1,600, while solana jumped almost 70%, trading at $24 on Monday from just $9 in the last week of December.