Bitcoin Breaks $116K

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Hey crypto trailblazer, 👋

Bitcoin just shattered its previous record, rallying past $116,000 for the first time. This historic move highlights surging demand and shifting market dynamics.

Here are the key takeaways:

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🚀 Bitcoin Blasts Past $116K as Momentum Builds

Bitcoin surged above $116,000, fueled by ongoing institutional demand and ETF inflows.

The rally comes amid a wave of optimism following pro-crypto political momentum, including signals from Trump’s administration and a national strategic reserve push.

📉 Short Sellers Crushed in Massive Liquidations

As BTC broke past key levels, traders betting against it were wiped out. Over $540 million in short positions were liquidated in just one hour, and more than $762 million in the last 12 hours.

This cascade of forced buying added fuel to the breakout.

🌐 Crypto Week Ahead

All eyes are now on Crypto Week, beginning July 14, which could bring further legislative clarity and investor optimism.

Stay epic,
Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.