Bitcoin saw volatility with a peak at 97,260 USD and a drop to 94,000 USD due to geopolitical tensions. Amid these fluctuations, 734 million USD in short positions were liquidated, signaling market reactions to ongoing events.
The situation escalated as India’s military actions impacted Bitcoin’s value and market sentiment. Donald Trump’s calls for de-escalation added positive sentiment, helping Bitcoin recover slightly to 97,100 USD as traders responded to the potential for improved relations.
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