#BTCBreaks99K Key Notes

• Bitcoin surpassed $99,000 for the first time since early February.

• More than 84% of the $114 million BTC liquidations are shorts.

• The US Fed hinted at steady interest rates again.

Bitcoin BTC$96 611 broke the $99,000 mark earlier today, reaching a three-month high of $99,406.

The global crypto market cap increased by 2.7% in the past 24 hours, currently at $3.06 trillion, according to data from CoinMarketCap. Moreover, the daily trading volume rose 25% to $104.3 billion.

Following the bullish momentum, short trading positions started to liquidate fast. According to data from CoinGlass, the total crypto liquidations reached the $300 million mark over the past day, with the majority, worth $215 million, being shorts.

Bitcoin alone recorded $114.5 million in liquidations — $18.3 million longs and $96.2 million shorts.

According to Lookonchain, an anonymous Bitcoin address closed two short BTC positions and lost $1.6 million due to the price hike. #BinanceHerYerde