#BTCBreaks99K Bitcoin price crossed $100,000 on Thursday and hovers around $101,525, at the time of writing. The largest cryptocurrency ignited a rally in meme coins, AI tokens and altcoins in the top 100 cryptos by market capitalization. 

Bearish traders on Bitcoin paid a heavy price for their bets with over $118 million in shorts liquidated in the last 24 hours, according to Coinglass data. Open interest in Bitcoin climbed by 7% in the past day, crossing $70 billion.