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    Home»Crypto Market Trends»Bitcoin Hits $100K: $1 Billion Liquidated
    Crypto Market Trends

    Bitcoin Hits $100K: $1 Billion Liquidated

    Team_SimonCryptoBy Team_SimonCryptoMay 9, 2025No Comments1 Min Read
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    The milestone sparked a rush in lengthy positions, however this might backfire. If Bitcoin dips beneath $100,000, practically $2 billion in lengthy trades could possibly be liquidated. A fall to $98,000 might even set off $3.45 billion in losses, elevating fears of a protracted squeeze. This might ship costs dropping sooner attributable to panic promoting.

    Merchants appear assured that Bitcoin will preserve rising. CoinGlass stories that Bitcoin Futures Open Curiosity has hit a document $67.4 billion. Which means extra merchants are utilizing leverage to guess on Bitcoin’s rally. However this provides extra danger. Historical past exhibits that when Open Curiosity crosses $65 billion, a market correction often follows.

    Bitcoin can also be making waves outdoors the crypto area. It briefly grew to become the world’s fifth-largest asset, overtaking Amazon, with a market cap of $2.05 trillion. Massive names are bullish too. Commonplace Chartered believes Bitcoin might hit $120,000 by the top of Q2.

    For now, Bitcoin’s worth surge is a landmark second. However the large bets and heavy leverage available in the market recommend the journey might get bumpy. The approaching days will take a look at how robust Bitcoin’s momentum actually is.



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