Bitcoin Climbs Above $86,000 as Leveraged Crypto Liquidations Approach $900 Million

Bitcoin surged past $86,000 as total liquidations across leveraged cryptocurrency positions approached $900 million over a 24-hour period.
The move marks an approximate 50% gain from the cycle low reached two months ago, extending a sharp recovery across the digital asset market.
The rapid upward price momentum continues to fuel heavy short liquidations, signaling a transition into a new market expansion phase.