BITCOIN HITS RECORD $71K HIGH 

Bitcoin reaches unprecedented levels above $71K, gaining 3% within an hour amid Europe’s Monday morning trade.

Europe’s Monday morning session witnesses a surge in Bitcoin’s value, propelling it into new pricing territories.

Currently, Bitcoin’s value hovers around $71,000 across various trading platforms, achieving a new record high. This marks a 3% rise in its value for the day, contributing to its overall 11.3% increase over the week.

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Source: CoinGecko

This upward trend has triggered the liquidation of approximately $50 million in leveraged positions, with $44 million stemming from short positions. According to CoinGlass, the majority of these liquidations occurred on OKX.

Bitcoin isn’t the sole digital currency witnessing significant growth this morning. Ethereum also reached the $4K mark before slightly retracting to its current price of $3980, showing a 14.5% rise today.

Moreover, Binance coin has seen a 6.2% rise in the last 24 hours, boasting an impressive 27.7% increase over the week.

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