Bitcoin gained over $7,000 last week, breaking $60,000 for the first time since late August! 🚀 Altcoins are also in the green; ETH passed $2,400, LINK rose 6%, and some meme coins also rose.

After the big crash last Friday, BTC started to recover and hit $60,500 on Friday evening. MicroStrategy's big BTC purchase and ETF trend change supported this rise.

With 80% of short positions liquidated, daily liquidations reached $130 million. This means that traders expecting a bear market lost more than $100 million. 📉