From $95K Bitcoin to ADA’s 65% Rally: Trump’s Influence Sparks Wave of Short Liquidations 📈
On March 2, Bitcoin experienced a significant 10.6% surge in value against the dollar. This increase was driven by a social media announcement from former U.S. President Donald Trump regarding a proposed digital asset reserve, which included a favorable mention of Bitcoin.
At the time of publication, Bitcoin's price had reached $94,443, peaking at $95,064. The announcement led to a wave of short liquidations, surprising many traders who had been betting against the cryptocurrency.
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