Bitcoin Price Surge: USD 1 Billion Leveraged Crypto Positions Liquidated As Bitcoin Hit USD 89,000 Yesterday

Amid Bitcoin price surge, USD 1 billion leveraged crypto positioned were liquidated. The price of Bitcoin is still projected to rise to USD 1,00,000.

Bitcoin Price Rise - Bitcoin In Pocket Image (Photo Credits: Pexels)

Around USD 1 billion leveraged crypto positions were liquidated as Bitcoin price hit USD 89,000. The price of Bitcoin fluctuated and is now trending at USD 87,000 after a massive increase yesterday—the bullish trend in the crypto market triggered the wild trading session. The Bitcoin price is projected to reach an all-time high, USD 1,00,000 mark, according to financial analyst Tom Jong Lee, amid the favouring condition after Donald Trump won the US presidency. Elon Musk’s Tesla and SpaceX Hold USD 1.73 Billion Worth Bitcoin in Total.

Bitcoin Price Surge Led to Liquidation of USD 1 Billion Leveraged Crypto Positions 

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