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Bitcoin's recent surge above the $45,000 mark, reaching $45,522 per BTC, reflects a notable break from its two-week consolidation phase. This peak, the highest in nearly a month since touching $49,048 on Jan. 11, coincided with the launch of ten spot bitcoin ETFs in the U.S. stock exchanges.

The cryptocurrency's journey to this point involved fleeting attempts to breach $48,000 and $46,000, with sell-off pressures leading to swift declines. Over the last 16 days, Bitcoin has demonstrated a robust 16% increase in value against the U.S. dollar. Recent data highlights significant short positions liquidation, totaling $50.47 million in the past 24 hours, including $16.34 million in the last four hours alone.

Despite currently standing above $45,000, Bitcoin is still 34.7% below its all-time high of $69,044 per coin achieved on Nov. 10, 2021. Share your perspectives on this upward trend in the comments section below.#TrendingTopic #BTCBefore2025 #Launchpool #elonmask #HalvingZone