Bitcoin Price Surpasses $111,000, Approaching All-Time High, Triggering Massive Liquidations in the Crypto Market

BitcoinSistemiJun 9, 2025
Bitcoin prices suddenly surged, breaking through $111,000 and approaching the all-time high of $111,970. This increase was mainly driven by progress in economic negotiations between China and the United States and positive statements from U.S. President Trump. Bitcoin's rapid rise triggered a large-scale liquidation wave in the cryptocurrency market, with a total market liquidation amount reaching $168 million in the past hour, of which $165 million were short position liquidations. By cryptocurrency, Bitcoin had the highest liquidation amount at $110 million, followed by Ethereum with $30 million in liquidations. This information is provided by SoSoValue for reference only and does not constitute investment advice.
Source
Powered by ChatGPT
All You Need to Know in 10s
Your One-Stop Crypto Investment Powerhouse

Bitcoin Price Surpasses $111,000, Approaching All-Time High, Triggering Massive Liquidations in the Crypto Market

BitcoinSistemiJun 9, 2025
Bitcoin prices suddenly surged, breaking through $111,000 and approaching the all-time high of $111,970. This increase was mainly driven by progress in economic negotiations between China and the United States and positive statements from U.S. President Trump. Bitcoin's rapid rise triggered a large-scale liquidation wave in the cryptocurrency market, with a total market liquidation amount reaching $168 million in the past hour, of which $165 million were short position liquidations. By cryptocurrency, Bitcoin had the highest liquidation amount at $110 million, followed by Ethereum with $30 million in liquidations. This information is provided by SoSoValue for reference only and does not constitute investment advice.
Powered by ChatGPT
Scan QR Code to Explore more key information
One-stop financial research platform for Crypto Investors