Bitcoin prices surge near $69,000, causing liquidations in Ethereum and Solana shorts

Bitcoin (BTC) rebounded over 7% to nearly $69,000, prompting over $400 million in short positions to be liquidated. Ethereum (ETH) rose 12% to approximately $2,075, while Solana (SOL) jumped nearly 14% to around $89.

The crypto market overall increased by 6.6% in 24 hours, with traders on Myriad predicting a 43% chance that Bitcoin will rise to $84,000 next.

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