🚨🚨🚨 Bitcoin Breaks $64K Barrier! Over $100 Million Liquidated! 🚨🚨🚨
🔷 Bitcoin Price Update:
Bitcoin skyrocketed above $64,000 early on October 14, hitting a peak of $64,109!
This marks a 2.1% increase in just 24 hours, bringing it back to levels not seen since September 30.
🔻 Market Shake-Up:
🚫 Over $101.4 million in short positions were liquidated as Bitcoin rallied.
Coinglass reports 54,589 traders were affected, with total liquidations exceeding $166 million.
Bitcoin shorts alone accounted for $53.13 million, while Ether (ETH) saw $28.57 million in liquidations.
🔶 BTC Market Dominance:
Bitcoin's gain pushed its market dominance back above 58%, close to its highest since April 2021.
Analysts are buzzing about a potential rally, calling this month “Uptober”, with BTC showing positive returns in 9 of the last 11 years.
📈 Altcoin Highlights:
Ether (ETH) reclaimed the $2,500 mark with a 2.9% gain.
Solana (SOL) rose 4.4% to $151.02!
High-cap altcoins like BNB, XRP, and Dogecoin (DOGE) also saw slight gains.
🔥 What’s Next for Crypto?
Will Bitcoin continue its upward trend and surpass its previous all-time highs?
Is this just the beginning of a broader crypto market rally?
📊 Drop your thoughts in the comments! Are you bullish on Bitcoin, or do you expect a correction soon? 💬👇
