Bitcoin breaks $57,000 to reach within 20% of all-time-high
Bitcoin breaks $57,000 as BlackRock’s IBIT hits record with $1.3 billion BTC could reach or break past its all-time high before the halving Bitcoin’s pre-halving rally has seen the bellwether crypto reach $57,000, pushing to within just 20% of its all -time high of $69,000 in 2021. After break ing past the $54,000 level, Bitcoin price extended its gains to above $57k late Monday. On Coinbase, BTC rose to $57,250, with total short liquidations reach ing $271 million. Bitcoin accounted for $189 million of the liquidated shorts. Ethereum’s surge to highs of $3,280 also saw over $67.8 million shorts liquidated. However, altcoins were largely spectators to Bitcoin’s bullish show. Market intelligence platform Santiment shared this on X Tuesday morning. “#Bitcoin has now scratched its way to a market value as high as $57,250, reaching within 19.9% of the $68.6K high established 27 months ago. Now at a pivotal moment, traders...