Bitcoin EXPLODES Past $116K! $365 Million WIPED OUT: What’s Next for YOUR Wallet?
Did you know that over $365 million in short positions were wiped out in hours, affecting more than 100,000 traders, all thanks to a stunning crypto surge? Bitcoin just rocketed past $116,000, leaving a trail of both jubilant investors and devastated short-sellers in its wake. This heart-stopping rally, which saw Ethereum breach $4,200 and Solana soar past $200, wasn't just speculative; it was a rare alignment of softer Fed bets and progress towards a US-China trade framework. Experts like Timothy Misir from BRN highlight how macro headlines did the heavy lifting, creating a "short, sharp risk-on leg" that fueled this astonishing momentum. Yet, for all the excitement, the market remains dangerously fragile, a precarious dance between massive gains and potential policy backtracks that could unwind everything. While institutional buyers absorbed much of the sell-side pressure, the front end is vulnerable to sudden headline volatility, meaning your portfolio could experience extreme highs or lows. Don't miss out on understanding these crucial market shifts; subscribe to our channel for more urgent financial insights!
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