Bitcoin surged to a new all-time high of $110,000 on Thursday, coinciding with $454 million (₱25.2 billion) in crypto liquidations over the past 24 hours. The milestone followed the cryptocurrency’s recent low of $76,320 on April 8.
Key details
The previous record of $109,358 occurred in January during the U.S. presidential inauguration. Digital assets have moved independently from equities as concerns about global trade policies affected broader markets.
Market data and analysis
Short-term volatility remains a factor. Analysts indicated that market responses to geopolitical or regulatory updates could impact price direction.
This article is published on BitPinas: Bitcoin Hits $110K Milestone as $454M in Liquidations Shake Markets
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