$BTC soars to new all-time high above $111,999 as traders liquidate shorts
Bitcoin price roared to a new all-time high above $111,999. Cointelegraph explains why.
Bitcoin soars to new all-time high above $111,999 as traders liquidate shorts
Bitcoin soared to another record high, driven by growing global investor demand for risk assets and a $200 million liquidation of BTC shorts near a critical overhead resistance level.
price surpassed the $111,999 all-time high for the first time on Wednesday, after rising 5.95% during the past week.
