**Bitcoin Surges, Short Sellers Liquidated**

Bitcoin (BTC) shot past $64,000 early Monday, Oct. 14, marking a 2.1% gain in 24 hours and hitting its highest level since Sept. 30. This sudden price surge led to over $101.4 million in short positions being liquidated, according to CoinGlass.

- **Market Impact**: 54,649 traders were liquidated for a total of $166 million, with Bitcoin shorts making up $52.33 million.

- **Market Dominance**: Bitcoin's market dominance climbed back above 58%, nearing its highest since April 2021.

- **Analysts' Take**: Experts are optimistic, with some predicting the start of a significant market rally.

Ether (ETH) also saw gains, reclaiming $2,500 and peaking at $2,540. Other altcoins like Solana (SOL) rose 4.4%, while BNB, XRP, and Dogecoin had smaller gains.