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The post Bitcoin Surpasses $115,000! Millions of Dollars in Short Positions Liquidated! Here Are the Details appeared on BitcoinEthereumNews.com. Bitcoin (BTC) surpassed the $115,000 level over the weekend, reaching its highest level in the last two weeks. Bitcoin Surpasses $115,000: $347 Million in Short Positions Liquidated BTC rose 3% in the last 24 hours, while Ethereum (ETH) gained 6% to $4,187. XRP and BNB gained 2%, and Solana gained 5.7%. “These price movements are not temporary jumps, but part of a sustainable trend driven by tightening on-chain supply, technical indicators, and macroeconomic support,” said BTC Markets analyst Rachael Lucas. The rise was fueled by reports that the US and China will reach an agreement on a framework for a trade deal during their meeting in South Korea next week. According to Lucas, “Markets are reacting positively to a potential improvement in US-China relations, which is providing support to risk assets, particularly cryptocurrencies.” Additionally, the expectation of a 25 basis point rate cut at this week’s Fed meeting is boosting investor appetite. CME Group’s FedWatch tool shows a 96.7% probability of a rate cut. During this rally, approximately $347.5 million worth of short positions were liquidated. “This is a typical short squeeze; bearish investors were forced to close positions, accelerating the price rally,” said Vincent Liu, CIO of Kronos Research. Analysts predict that Bitcoin could rise to the $130,000-$150,000 range towards the end of the year, driven by the traditional “Christmas Rally.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-surpasses-115000-millions-of-dollars-in-short-positions-liquidated-here-are-the-details/The post Bitcoin Surpasses $115,000! Millions of Dollars in Short Positions Liquidated! Here Are the Details appeared on BitcoinEthereumNews.com. Bitcoin (BTC) surpassed the $115,000 level over the weekend, reaching its highest level in the last two weeks. Bitcoin Surpasses $115,000: $347 Million in Short Positions Liquidated BTC rose 3% in the last 24 hours, while Ethereum (ETH) gained 6% to $4,187. XRP and BNB gained 2%, and Solana gained 5.7%. “These price movements are not temporary jumps, but part of a sustainable trend driven by tightening on-chain supply, technical indicators, and macroeconomic support,” said BTC Markets analyst Rachael Lucas. The rise was fueled by reports that the US and China will reach an agreement on a framework for a trade deal during their meeting in South Korea next week. According to Lucas, “Markets are reacting positively to a potential improvement in US-China relations, which is providing support to risk assets, particularly cryptocurrencies.” Additionally, the expectation of a 25 basis point rate cut at this week’s Fed meeting is boosting investor appetite. CME Group’s FedWatch tool shows a 96.7% probability of a rate cut. During this rally, approximately $347.5 million worth of short positions were liquidated. “This is a typical short squeeze; bearish investors were forced to close positions, accelerating the price rally,” said Vincent Liu, CIO of Kronos Research. Analysts predict that Bitcoin could rise to the $130,000-$150,000 range towards the end of the year, driven by the traditional “Christmas Rally.” *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-surpasses-115000-millions-of-dollars-in-short-positions-liquidated-here-are-the-details/

Bitcoin Surpasses $115,000! Millions of Dollars in Short Positions Liquidated! Here Are the Details

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/10/27 15:27
2 min read
Bitcoin
BTC$71,395.26+2.72%
Oasis
ROSE$0.01255+4.67%
Ethereum
ETH$2,097.95+3.33%
4
4$0.008186+3.11%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Bitcoin (BTC) surpassed the $115,000 level over the weekend, reaching its highest level in the last two weeks.

Bitcoin Surpasses $115,000: $347 Million in Short Positions Liquidated

BTC rose 3% in the last 24 hours, while Ethereum (ETH) gained 6% to $4,187. XRP and BNB gained 2%, and Solana gained 5.7%.

“These price movements are not temporary jumps, but part of a sustainable trend driven by tightening on-chain supply, technical indicators, and macroeconomic support,” said BTC Markets analyst Rachael Lucas.

The rise was fueled by reports that the US and China will reach an agreement on a framework for a trade deal during their meeting in South Korea next week. According to Lucas, “Markets are reacting positively to a potential improvement in US-China relations, which is providing support to risk assets, particularly cryptocurrencies.”

Additionally, the expectation of a 25 basis point rate cut at this week’s Fed meeting is boosting investor appetite. CME Group’s FedWatch tool shows a 96.7% probability of a rate cut.

During this rally, approximately $347.5 million worth of short positions were liquidated. “This is a typical short squeeze; bearish investors were forced to close positions, accelerating the price rally,” said Vincent Liu, CIO of Kronos Research.

Analysts predict that Bitcoin could rise to the $130,000-$150,000 range towards the end of the year, driven by the traditional “Christmas Rally.”

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/bitcoin-surpasses-115000-millions-of-dollars-in-short-positions-liquidated-here-are-the-details/

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