New Delhi, June 10 -- The world's largest cryptocurrency, Bitcoin, briefly rose 1.38 per cent to $110,277.93 on June 10, while Ether jumped 4.8 per cent to $2,713.39, before slipping sightly on profit-booking.

CoinSwitch Markets Desk noted that the hike caught traders off guard. "Over $110 million in short positions were liquidated within an hour, with a total of $330 million in shorts wiped out over the course of the day," they noted.

Overall, the crypto market capitalisation on June 10 is at $3.41 trillion, with trade volume over the past 24 hours being $134.11 billion, according to data on CoinMarketCap.

Further, in terms of dominance, Bitcoin gained 1.41 per cent to comprise 63.6 per cent of the market share on June 10; while Ether...