Liquidation Frenzy: Bitcoin Surges Past $93K, Unleashing a $657M Crypto Purge

TL;DR Bitcoin surpassed $93,000 for the first time in seven weeks, triggering a rally that wiped out over $650 million from the crypto market. Most of the liquidations were short positions, revealing a sudden shift in market sentiment. Meanwhile, U. S. -based Bitcoin ETFs recorded their highest capital inflow since Trump took office. Bitcoin’s price soared to. . . source: https://crypto-economy.com/liquidation-frenzy-bitcoin-surges-past-93k-unleashing-a-657m-crypto-purge/