Over $323 million in liquidations triggered a massive short squeeze, pushing Bitcoin price above $65,000, Ethereum approaching $2000, and XRP remaining stable around $1.36. Strong institutional demand further solidified this rally, with the US Bitcoin spot ETF experiencing a daily net inflow of $257.7 million, easing recent market panic and shifting market sentiment from extreme fear to cautious accumulation.
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Over $323 million in liquidations triggered a massive short squeeze, pushing Bitcoin price above $65,000, Ethereum approaching $2000, and XRP remaining stable around $1.36. Strong institutional demand further solidified this rally, with the US Bitcoin spot ETF experiencing a daily net inflow of $257.7 million, easing recent market panic and shifting market sentiment from extreme fear to cautious accumulation.