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🚀🚀🚀Bitcoin is on the offensive! We've Seen Above $101,000! Here's Why and the Latest Data!
The world's largest cryptocurrency, Bitcoin, has launched a serious offensive at the time this article was written, first regaining $100,000, which it had retreated from a while ago, and then immediately managed to exceed $101,000.
The current all-time high price record in Bitcoin is $104,088, according to Binance data.
It is thought that the rise came as the CPI data announced in the US came in line with expectations and expectations that the FED would cut interest rates increased immediately thereafter.
A short while ago, the Bitcoin price experienced a sudden drop and a total of more than $1.4 billion in liquidation occurred in the cryptocurrency market.
Donald Trump will start his term as US President on January 20th and all markets, especially the cryptocurrency market, will be closely monitoring the developments. It is being watched with curiosity whether the new president will create a Strategic Bitcoin Reserve as he promised.
In the latest updated data, we see that there has been a liquidation of $365 million in the cryptocurrency market in the last 24 hours with an increase and their long/short ratio is approximately 1.