Bitcoin Surges Past $93K as $530M in Crypto Shorts Liquidated Amid Trade Optimism
Over $530 million in short positions were liquidated in the past 24 hours as crypto markets rallied on optimism surrounding U.S.-China trade relations. Bitcoin (BTC) soared from $88,000 to above $93,500, sparking a broader market rally with ether (ETH), Cardano (ADA), and dogecoin (DOGE) gaining 14%, while Solana (SOL) and XRP climbed 7%.