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The cryptocurrency market got off to a strong start in 2026. Bitcoin, along with gold and silver, rose as investors took positions with the expectation that the new year could be “groundbreaking”.
Bitcoin’s price has recovered from levels below $85,000 seen in December and is approaching $90,000, while gold and silver are also heading back to their all-time highs after the sharp fluctuations experienced this week.
The rise in Bitcoin’s price has triggered liquidations in the cryptocurrency market. In the last 24 hours, $382 million worth of liquidations have occurred in the cryptocurrency market, with $323 million of that coming from short positions.
On the other hand, in terms of assets, the most liquidation occurred in Ethereum with $123 million. It was followed by Bitcoin with $115 million and Solana with $20 million.
A chart showing the increase in BTC price. 👇
#BTC90kChristmas #CPIWatch #BTC #BinanceAlphaAlert #TrendingTopic
