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@ tzongocu
2025-04-24 17:31:35
📰 News Alert...
🔖 Title: Bitcoin Surges Past $90K as Bears Scramble to Cover Shorts
🗓️ Published: 2025-04-24T20:31:30+03:00
📄 Summary: Bitcoin has surged above the $90,000 mark, signaling the potential end of a long bear market. This sudden rally, driven by bullish sentiment in the spot market, has caught many short-sellers off guard, leading to significant liquidations totaling over $390 million. The market's dynamics are shifting as Bitcoin showcases resilience against traditional market trends, particularly amid a weakening US dollar and lowered S&P 500 forecasts. With robust inflows into Bitcoin exchange-traded funds and new ventures like Twenty One Capital, the path toward breaking the psychological $100,000 barrier seems increasingly plausible.
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https://cointelegraph.com/news/bitcoin-rallies-as-bulls-eye-100-k-and-bears-rush-to-cover-shorts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Marcel Pechman
💓 #BitcoinRally #CryptoMarket #InvestmentTrends