coin-img-ETHETH+0.78%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.45%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+3.77%coin-img-NEARNEAR+10.58%coin-img-SUISUI+2.47%coin-img-ETHETH+0.78%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.45%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+3.77%coin-img-NEARNEAR+10.58%coin-img-SUISUI+2.47%coin-img-ETHETH+0.78%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.45%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+3.77%coin-img-NEARNEAR+10.58%coin-img-SUISUI+2.47%coin-img-ETHETH+0.78%coin-img-BTCBTC+0.51%coin-img-SOLSOL-0.62%coin-img-XRPXRP+0.45%coin-img-USDCUSDC+0.04%coin-img-HYPEHYPE+3.77%coin-img-NEARNEAR+10.58%coin-img-SUISUI+2.47%

Bitcoin touches $85,000 as Ether surges, wiping out $60 million in short liquidations in 15 minutes

AI Market Summary
BTC broke above 85,000 while ETH surged, triggering roughly 60 million in short liquidations within 15 minutes. The move followed a macro catalyst: US GDP surprised higher at 2.2% alongside core PCE falling to a six-month low, improving the growth-inflation mix and supporting risk appetite. Near-term crypto volatility may remain elevated as positioning is forced to reset after the squeeze.
Impact level
● High
Affected assets
BTC/USDT+0.52%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Bitcoin briefly broke above $85,000 as Ether rallied sharply, triggering $60 million in short liquidations within 15 minutes. The move followed U.S. GDP coming in well above expectations at 2.2%. Core PCE inflation also fell to a six-month low, a combination of data that supported risk-asset buying.
BTC
BTC+0.51%
ETH
ETH+0.79%
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Market Analysis

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