The past 24 hours were relatively calm, at least in terms of price action. In fact, the total cryptocurrency market capitalization remained flat at around $2.26 trillion.
All eyes were on the HBO documentary Money Electric: The Bitcoin Mystery, which aired last night. The film claims to have identified Satoshi Nakamoto, the pseudonymous creator of Bitcoin. According to it, that’s Peter Todd, a 39-year-old software developer who’s been known to have ties to the community spanning back a long time.
Todd denied the claims, while the majority of the community failed to take the documentary seriously. That said, let’s jump right into the price action.
Bitcoin Flat at $62,000
As mentioned above, the price failed to chart any significant differences throughout the past 24 hours and remained relatively calm at around $62,000.
Source: TradingView
The derivatives market saw a combined total of about $120 million worth of liquidated positions throughout the period, with $69 million of th
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