Bitcoin Hits $71,000 as Investors Liquidate Short Positions 🚀

Bitcoin soared past $71,000 in Asian markets on Tuesday, marking a 5% jump in 24 hours, per CoinGecko. The rally follows the liquidation of $143 million in short positions, signaling trader confidence in a strong outcome for the crypto market. Whale activity on Binance has fueled strong buying demand, with Bitcoin ETFs experiencing substantial inflows over recent weeks. Major cryptos like Dogecoin and Ethereum also surged.