Bitcoin breaks $100,000 again as US trade talks fuel crypto rally
- Bitcoin rallies past the $100,000 level on Thursday.
- BTC price rally comes in response to US President Trump’s announcement of a US-UK trade deal.
- Crypto market capitalization crossed $3.21 trillion, meme coins and nearly all tokens in top 100 are rallying.
Bitcoin price crossed $100,000 on Thursday and hovers around $100,742 at the time of writing. The largest cryptocurrency ignited a rally in meme coins, AI tokens and altcoins in the top 100 cryptos by market capitalization.
Bearish traders on Bitcoin paid a heavy price for their bets with over $118 million in shorts liquidated in the last 24 hours, according to Coinglass data. Open interest in Bitcoin climbed by 7% in the past day, crossing $70 billion.
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