Bitcoin hits $87,000 as $108.8M in shorts liquidate within an hour
$BTC has reached $87,000, triggering approximately $108.8 million in short liquidations within a single hour.
The rapid move highlights strong upside momentum as bearish leveraged positions are forced out of the market, potentially adding further buying pressure through short covering.
Large liquidation events can accelerate price moves in both directions, making near-term volatility and leverage important risks to monitor.