Bitcoin News

Story: Bitcoin Hits New All-Time High as $453M in Shorts Get Liquidated

By Pankaj K

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Bitcoin Breaks Through Long-Held Resistance. Bitcoin had been consolidating just under its ATH for weeks, but finally surged above the critical…

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Massive Short Liquidations Rock the Market. Short liquidations happen when traders betting against the market are forced to close their…

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Open Interest Confirms Bullish Momentum. Glassnode data shows that Open Interest—the total number of active futures contracts—has remained…

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Bitcoin Enters Price Discovery Mode. Now that Bitcoin has surpassed its all-time high, the next resistance levels are hard to pinpoint.

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Ethereum and Altcoins Join the Rally. Bitcoin’s momentum has lifted the broader crypto market, with Ethereum approaching a critical…

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Sentiment Remains Greedy as Bulls Take Control. The Crypto Fear & Greed Index remains in the “Greed” zone, reflecting high confidence among…

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What Comes Next for Bitcoin?. With Bitcoin now trading around $111,000 and eyeing a confirmed breakout above $112,000, many…

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Conclusion. Bitcoin’s new ATH at $112,000 marks a pivotal moment in the 2025 bull cycle.

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Bitcoin has set a new all-time high at $112,000, triggering over $453 million in short liquidations as bulls dominate the crypto market.

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The broader crypto market joined the rally, with total liquidations exceeding $528 million, and 85% of them coming from shorts.

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This breakout has reignited optimism across the crypto sector, driving up prices for altcoins as well. Ethereum rose by 4.5%, and Sui (SUI) posted a 9% gain in the past 24 hours.

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Short liquidations happen when traders betting against the market are forced to close their positions after sudden price increases.

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Liquidations added further fuel to Bitcoin’s price rise, creating a feedback loop. As prices jumped, more shorts were liquidated, pushing the price even higher.

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When Open Interest rises alongside price, it suggests fresh capital and stronger confidence are entering the market.

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Technical indicators remain supportive. BTC has formed higher lows in recent weeks and maintains strong support at $109,000.

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