Bitcoin Breaks Through $70,000; Blackstone ETF Buys $517 Million in a Single Day
2026-08-20 16:00:05
According to CoinMeta, in the past 12 hours, several significant events occurred in the crypto market: the price of Bitcoin broke through $70,000, resulting in the liquidation of $2.5 billion in short positions. Trump stated that the United States is discussing the accumulation of a large reserve of Bitcoin. Blackstone ETF purchased $517 million in Bitcoin on a single day, marking the largest single-day inflow in three months. In the past 24 hours, a total of 173,236 crypto traders were liquidated, with the total amount reaching a record $2.66 billion. The price of Ethereum reached $2,300, for the first time in three months, and the supply on exchanges decreased by 15%. Coinbase added HyperLiquid perpetual contracts to its underlying applications.
Source:Internet
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