What Triggered the Rise to $82k?

Regulatory Progress: The U.S. Senate Banking Committee advanced the Digital Asset Market Clarity Act in a bipartisan 15–9 vote, significantly boosting institutional market optimism.

Geopolitical Easing: Initial announcements regarding potential peace frameworks drastically improved global market sentiment, shifting investor capital into risk assets.

Short Squeezes: Aggressive movements past $82,000 triggered over $66 million in short position liquidations within a matter of hours, forcing prices higher.