Bitcoin Shatters $72,000 as Middle East Ceasefire Sparks Relief Rally
By Terence Zimwara
Bitcoin surged past $72,000 to an intraday high of $72,865 following a fragile Middle East ceasefire, sparking a relief rally. The approximately 5% price increase lifted the total crypto market capitalization to $2.51 trillion and triggered $477 million in liquidations, primarily short positions on platforms like Bitget.
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