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BITCOIN PRICE SURGE
Bitcoin's futures market is displaying bullish signals despite a recent price cooling, indicating that the top cryptocurrency may be preparing for another leg upward, even as leveraged traders are being wiped out in liquidation.
The pioneer digital asset hit an all-time high of around $112,000 on Thursday, May 22.
Bitcoin’s price is approaching the historic $100,000 threshold, buoyed by rising market optimism and macroeconomic shifts ahead of a key trade meeting between representatives of the United States and China.