Bitcoin’s New High: $112.8K and $600M in Liquidations, What a Time to Be Alive 🤑

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So, yesterday, Bitcoin decided to throw a little party and hit $112,000. But who’s got time for one-night stands? No, this cryptocurrency queen wasn’t done. A few hours later, she was back at it, hitting a fresh peak at $112,800. 🚀

And it’s not just Bitcoin having a moment. Altcoins are like, “Why not join the fun?” ETH’s climbing above $2,800, and DOGE’s up by over 5.5%. It’s like a crypto dance-off, and everyone’s winning. 💃🕺

For weeks, BTC was just chilling, you know, in that $105,000 to $110,000 range. But then, Trump called for the Fed to reduce interest rates by a historic percentage. And just like that, BTC was like, “Alright, let’s do this!” and broke through the $110,000 barrier like it was nothing.

Yesterday, it popped up to a new all-time high at $112,000, thanks to all the US investors getting their wallets ready. It took a tiny step back today, but the bulls were like, “Nope, not today,” and pushed it to a new peak of $112,800. 🌟

With all the altcoins making impressive gains, it’s no surprise that the liquidations hit a multi-week high of $600 million. Short sellers, you’re the real MVPs here, especially that mysterious whale who got wrecked for over $51 million. Ouch. 🐳💔

In the past hour alone, liquidations have topped $80 million as BTC and most alts started to regain traction. It’s a wild ride, but who’s complaining? Not me. 🤷‍♀️😂

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2025-07-10 20:27