Bitcoin has moved above $87,000, showing strong momentum in the crypto market.
The rise is also supported by better economic conditions. Recent economic data is softer, and investors are expecting liquidity to improve. This is helping risk assets, including crypto, gain strength.
Another important point is that around $275 million in short positions were liquidated in the last 24 hours. This means many traders who were betting on Bitcoin going down were forced to close their positions.
Overall, Bitcoin is showing positive momentum as it continues to move higher.$NVDA.US ETH
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