Bitcoin Surges Past $100K Amid Market Frenzy and Expert Debates

1 min read
Source: Decrypt
Bitcoin Surges Past $100K Amid Market Frenzy and Expert Debates
Photo: Decrypt
TL;DR Summary

Bitcoin's price has rebounded above $100,000 after a volatile period marked by significant liquidations, with $890 million liquidated across all assets, primarily from long positions. The recovery follows a strong U.S. jobs report and the appointment of David Sacks as the White House's AI and Crypto Czar. Meanwhile, Bitcoin ETFs now hold more BTC than Satoshi Nakamoto, highlighting their growing influence in the market.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

80%

32064 words

Want the full story? Read the original article

Read on Decrypt