🚀 Explosive rebound in the crypto market! Bitcoin breaks $100,000, altcoins surge, $800 million in shorts liquidated! 💥📈

The cryptocurrency market is revitalized, with Bitcoin surpassing the $100,000 mark, Ethereum breaking through $2,000, and altcoins leading an explosive rise! Over $800 million in short positions evaporated in an instant, creating a frenzied market sentiment.

Why is the market rising?

Record inflow of ETF funds: The inflow of the U.S. spot Bitcoin ETF has reached an all-time high, indicating strong institutional demand.

Strengthened regulatory support for cryptocurrencies: Arizona passes the Bitcoin Reserve Act, further promoting the legalization of cryptocurrencies.

Positive macroeconomic conditions: News of the U.S.-U.K. trade agreement stimulates the market, easing global trade tensions.

Ethereum surges 20%

Ethereum surpasses the $2,000 mark, becoming the market focal point, with over $310 million in short positions liquidated. Altcoins like Dogecoin, Cardano, and Solana also followed suit, rising over 10%.

$800 million liquidation storm!

Short positions faced a fatal blow, with daily liquidations reaching $800 million, marking this year's largest liquidation event in the crypto market.

Market outlook

Bullish momentum is strong; if Bitcoin breaks $100,000, the crypto market may witness even more explosive growth!