#BTC110KSoon?
Bitcoin Surges Past $110,000 Amid Positive Market Sentiment
Bitcoin surpassed $110,000 for the first time in nearly two weeks, driven by investor optimism over U.S.-China trade talks. Trading at approximately $110,100, BTC rose 3.5% within 24 hours and nearly 5% over the past week, nearing its all-time high of $111,814. Short position liquidations totaled nearly $323 million, with Bitcoin accounting for $196 million. Major altcoins like Ethereum and Solana also experienced gains. Market analysts suggest that renewed bullish momentum and a shift in market dynamics may lead Bitcoin towards the $120,000 range if it maintains this level.