Bitcoin reached new all-time highs, surpassing $118,000, leading to over $1 billion in short liquidations. Analysts predict further gains, potentially targeting $130,000. Increasing institutional demand and positive signals from the Trump administration are fueling the bullish trend.
Bitcoin surged to new highs, triggering billions of dollars in short position liquidations. Analysts attribute the rise to increased institutional demand and crypto-friendly policies.
Bitcoin reached a new all-time high, surpassing $112,000, as traders were forced to liquidate their short positions. This surge marks a significant moment for the cryptocurrency, highlighting its growing momentum in the market.
A U.S. judge has allowed Celsius's $4 billion lawsuit against Tether to proceed, concerning the Bitcoin liquidation. Celsius claims Tether improperly liquidated 39,500 BTC in June 2022, violating their lending agreement.
