Bitcoin has reached a new all-time high above $111,000 driven by institutional demand and ETF inflows, placing every Bitcoin holder in profit while triggering nearly $500 million in trader liquidations.
The cryptocurrency market has been engulfed in a wave of selling pressure over the past 24 hours, with most digital assets experiencing substantial price declines. This market-wide pullback was primarily driven by Bitcoin’s price crash, which saw the flagship cryptocurrency shed around $3,000 in value. As a result, altcoins, including the beloved meme coin Dogecoin…
