\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tETH rocketed past $2,050, while XRP appears to have reclaimed the $1 level.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
After weeks and weeks of sideways movements without any clear signs of a breakout in either direction, the crypto market is finally on the move.<\/p>\n
Bitcoin led the charge with a massive surge that drove it to its highest price tag since the middle of June at just over $69,000.<\/p>\n
Recall that BTC dipped below $63,000 at the end of the previous business week before it found some support and recovered to $63,000 during the weekend.<\/p>\n
It started to show revival signs on Monday and Tuesday, but today\u2019s increase is the most impressive in months.<\/p>\n
Ethereum has soared past $2,000 for the first time in months as well, and has even tapped the $2,100.<\/p>\n
XRP has finally rebounded above the key $1 support after dipping below it on a couple of occasions last week.<\/p>\n
The liquidations are also on the rise given the sharp movement. Data from CoinGlass shows that $1.2 billion worth of leveraged positions has been wrecked in the past hour alone.<\/p>\n
Naturally, the lion\u2019s share is from shorts, as they are responsible for $1.14 billion out of the total.<\/p>\n
BTC and ETH lead the pack, with $680 million and $425 million liquidated longs, respectively.<\/p>\n