Bitcoin Sets Another Record Above $113,000 as Investors Jump Into Risk Assets, Liquidate Shorts
- Bitcoin reached a new all-time high of $113,267.39 on Thursday, marking a 2% increase from the previous day.
- Over the past 24 hours, there have been $318 million in short liquidations across centralized exchanges, according to CoinGlass.
- Bitcoin has maintained a price above $100,000 for over 60 consecutive days due to significant investments in bitcoin exchange traded funds.
- Tanaya Macheel from CNBC reported that Bitcoin set a new record just less than 24 hours after another record was achieved.
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Bitcoin sets another record above $113,000 as investors jump into risk assets, liquidate shorts
Bitcoin broke through its previous day’s record as investors continued piling into risk assets and liquidated short positions.
·Chicago, United States
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