The cryptocurrency market kicked off October with a significant rally, leading to $337.21 million in short liquidations on October 2, as reported by CoinGlass. Bitcoin's price surged to $120,000, driven by factors such as rising gold prices and diminishing inflation risks. Analysts suggest the potential for Bitcoin to reach $125,000 as bullish momentum continues. Additionally, altcoins like Bitcoin Hyper ($HYPER) and Best Wallet Token ($BEST) are gaining attention as the market strengthens.
Bitcoin Surges to $120K Amid $337M in Short Liquidations
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