On Monday, January 9, the quotation of the first cryptocurrency exceeded $17,000 for the first time since mid-December 2022. Over the past 24 hours, the asset has gained 1.6 percent, according to CoinGecko. As of this writing, bitcoin is trading near the $17,200 mark. As you can see in the chart below, the rise in price is accompanied by a surge in trading volume. According to Coinglass, $187.2 million worth of positions were liquidated in the futures market during the day. $22.5 million of t...