Bitcoin Price Surge: USD 709 Million in Leveraged Positions Liquidated As Bitcoin Hits New All-High of USD 81,000

Bitcoin price surged to USD 81,000 reaching new heights in the crypto market since Donald Trump won US Elections 2024. USD 709 million in leveraged positions were liquidated as Bitcoin touched a new high.

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

Bitcoin has hit another all-time high price of USD 81,000 since Donald Trump's win in the US Presidential Elections 2024. Trump's positive attitude towards the future of cryptocurrency. Last week, Bitcoin was trending at USD 75,000, and recently, it hit USD 80,000 for the first time.  According to a post, USD 709 million leveraged positions of crypto liquidated as the price of Bitcoin surged. A financial analyst, Tom Jong Lee, said the cryptocurrency would keep rising due to the regulatory barriers set to fail and might even hit the USD 1,00,000 mark this year. Bitcoin Price Could Hit USD 1,00,000 Mark This Year As Regulatory Barrier Set To Fail: Financial Analyst Tom Jong Lee.

Bitcoin Price Surged to USD 81,000

Amid Bitcoin Price Surge, USD 709 Million Leveraged Crypto Positions Liquidated

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