Bitcoin reached a remarkable 111,999 USD, setting a new all-time high after dovish signals from the Federal Reserve’s minutes. This stimulated an optimistic outlook across the market.
In just 24 hours, over 500 million USD in leveraged positions were liquidated. A total of 115,929 traders faced liquidations, with short positions making up 87.9% of the total.
Following Bitcoin’s lead, major altcoins such as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA) also experienced significant price increases, highlighting a bullish market trend.
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