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Bitcoin price breakout to $117K liquidates bears, opening door to fresh all-time highs
cointelegraph.com/news/bitcoin-price-breakout-to-dollar117k-liquidates-bears-opening-door-to-fresh-all-time-highs
Key takeaways:
Bitcoin surged 5% to $117,300 after Federal Reserve Chair Jerome Powell hinted at an upcoming interest rate cut, liquidating $379.88 million in shorts.
Analysts say the BTC “uptrend is back,” with the potential to hit $200,000 before the end of the year.
Bitcoin (BTC) took…
This story appeared on cointelegraph.com, 2025-08-23 12:58:53.675000.