#BinanceAlphaAlert
#BinancePizza #BTC As of May 20, 2025, Bitcoin (BTC) is trading at approximately $105,575 USD, reflecting a 2.72% increase over the past 24 hours.
The cryptocurrency experienced significant volatility recently, surging past $106,000 before retreating to around $103,000. This fluctuation led to over $600 million in liquidated crypto derivatives positions, affecting traders with both long and short positions.
Market sentiment remains bullish, with technical indicators suggesting a potential breakout toward new all-time highs. Additionally, macroeconomic factors, such as the U.S. credit rating downgrade by Moody's, have prompted investors to consider Bitcoin as a hedge against traditional financial uncertainties
