Odaily Planet Daily News 🌟 Bitcoin broke the astonishing $106,500 during the Asian morning trading session! In the past 12 hours, approximately $151 million in short positions were liquidated, driving this surge. In a weekend marked by low liquidity and sluggish market sentiment, Bitcoin executed a fierce squeeze on shorts, with prices soaring. 📈
Meanwhile, the Bitcoin/gold ratio hit an all-time high, further solidifying Bitcoin's status as 'digital gold,' becoming a more favored store of value. MicroStrategy has been included in the Nasdaq 100 index, adding fuel to market sentiment 🔥. Michael Saylor hinted that the company plans to continue purchasing Bitcoin, even if the spot price exceeds $100,000. Although central bank meetings have limited impact on the crypto market, Bitcoin remains driven by market sentiment, and the future price movement is worth anticipating! 🚀