Bitcoin Reclaims $115,000 Barrier as Bears Get Wiped Out
The crypto market surged over the weekend, with Bitcoin, Ethereum, and other major digital assets rising on renewed optimism around global economic conditions and a wave of forced short liquidations.
BTC gained 3.6% in the past 24 hours, climbing to around $115,700 – its highest level in two weeks – while ETH jumped more than 6.5% to above $4,200. Solana, XRP, and BNB also saw strong gains.
Rachael Lucas, an analyst at BTC Markets, said the move signals a broader, sustained trend rather than a short-lived spike. “We’re seeing continued momentum driven by macroeconomic optimism, tightening onchain supply, and increasingly bullish technical patterns,” she explained.
