Bitcoin Soars Past $84K, $180M Liquidations, and FTX’s $1.8B Lawsuit Against Binance
In this episode of Crypto Deep Dive, we explore the crypto market's impressive growth following the U.S. election and the Federal Reserve’s rate cut. Bitcoin has surged past $84,000, causing $180 million in short liquidations and fueling market excitement. We analyze the reasons behind this rally, including the so-called "Trump Effect" and increasing institutional inflows into Bitcoin ETFs, which saw a record $1.4 billion in a single day. We also discuss the significant movements of other cryptocurrencies like Dogecoin and Solana and provide details on the $1.8 billion lawsuit filed by the FTX bankruptcy estate against Binance. Tune in for an in-depth breakdown of market sentiment, technical analysis, and what this means for future market trends.
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