Bitcoin Briefly Breaks $110,000 Barrier, Triggering $101M in Short Liquidations

Published at:2025年07月03日 20:26
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Bitcoin experienced a brief surge above $110,000 on Thursday morning, resulting in over $101 million worth of short position liquidations. This price movement demonstrated renewed bullish sentiment in the cryptocurrency market. The rapid ascent occurred as traders encountered critical resistance levels, with market analysts closely monitoring whether this upward momentum signals the start of a sustained rally or a temporary spike.
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Bitcoin crypto market short liquidations price surge resistance levels