Bitcoin surged to an all-time high of $85,000, with the primary cryptocurrency climbing nearly $20,000 in the past week and adding $20,000 in the past day alone. The recent surge in Bitcoin’s price has led to substantial pain for over-leveraged traders, with more than $650 million in liquidations daily.
Besides Bitcoin, other cryptocurrencies like Dogecoin and Shiba Inu have also experienced significant price increases, with Dogecoin adding another 25% of value in the past 24 hours and Shiba Inu soaring by 9% in the past hour alone.
