#BTCtrade #news_update $BTC

Soars Past $104K! Bears Lose $400M as Market Booms 📈

What Happened?

$BTC just pumped over 3%, hitting $102.5K and briefly touching $104K — its highest price since January! 🥳

Why the Pump?

🛍️ A big UK trade deal announcement +

💸 Record-breaking ETF inflows topping $40 billion

= Huge market confidence!

Bearish Bets Got Crushed 🐻💥

Over $400 million in short positions (bets against BTC) were liquidated in just 24 hours! That means traders who bet on the price dropping lost big as BTC surged. 😬

📉 Even some long positions ($22M) got wiped, but the shorts took the biggest hit.

This shows many were too bearish — and now there’s room for even more upside! 📊Altcoin Market Also Pumping! The total market cap (excluding $BTC ) jumped 10% to $1.14 trillion, the highest since March. 🔥