Bitcoin Nears $100K Amid $294M Crypto Market Liquidation.
Bitcoin's spike is driven by enthusiasm over US-China trade talks and a stable Federal Reserve rate. Market sentiment shifted to "greed" with strong gains in recent trading.
Bitcoin's price has surged past $99,000, nearing the $100,000 resistance level amid a $294 million liquidation in the crypto market. Short positions made up the majority, reflecting positive market sentiment influenced by various macroeconomic factors.
