Bitcoin, the worlds leading cryptocurrency, recently climbed to an intraday high of $81,019, according to data from CoinGecko. Despite this upward momentum, BTC remains approximately 35.7% below its all-time high of $126,080 recorded in early October. The latest price action has reignited market optimism, especially as significant short liquidations signal growing bullish pressure. Over the past 24 hours, nearly $226 million worth of short positions have been liquidated, indicating that many traders betting against Bitcoin were forced to exit as prices climbed. This wave of liquidations often… Read more
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