Over $688 Million in Crypto Shorts Liquidated as Bitcoin Surges Past $96K After Steady US CPI Data

Bitcoin rallied sharply after December 2025 U.S. inflation data came in slightly cooler than expected, triggering one of the largest short squeezes of the year. More than $688 million in leveraged positions were liquidated as BTC broke key resistance, signaling improving risk appetite and structurally healthier market conditions.