The cryptocurrency market is experiencing a period of rapid growth for Bitcoin, which set a new local maximum of $76,000 on March 17, 2026. The upward momentum of the first cryptocurrency has been sustained for eight consecutive days, significantly impacting traders’ positions.
This is reported by Business • Media
Massive Liquidations Amid Significant Growth
In the last 24 hours, the total volume of liquidations in the cryptocurrency market has reached nearly $500 million. The largest losses were incurred by traders who opened short positions. The total amount of liquidations in this segment was $330.72 million, while holders of long positions lost $168.46 million. In total, 128,463 traders suffered losses.
Among specific assets, the largest liquidations were recorded for Bitcoin and Ethereum — $183.47 million and $169.59 million, respectively.
“Bitcoin rose to $76,000 at one point. The positive momentum has continued for eight days. Liquidations on the market total nearly $500 million.”
Earlier, in early October 2025, Bitcoin had already set a historical record, rising above $125,000. However, the market later experienced the most powerful wave of liquidations in history — over $19 billion in just a few days.
Market Sentiment Indicators and Current Price
The Fear and Greed Index in the crypto asset market reached 43 points, indicating a predominance of fear among market participants. Over the week, this index increased by 16 points, which may signal a rise in uncertainty or caution among investors.
As of the time of preparing this material, Bitcoin is trading at $74,350, according to TradingView.
Detailed forecasts for the future price movements of Bitcoin and Ethereum are available in additional analytical materials.