Bitcoin jumps past $115,000 as altcoins rise too

Bitcoin (BTC-PKR) has made a strong comeback, crossing the $115,000 mark and causing over $370 million in short liquidations in just one day. The sudden surge has brought new energy to the crypto market, pushing the total market value back near $4 trillion and sparking hope for another big rally.

Record Breaking Move

Data from crypto trackers shows that more than 110,000 traders faced losses as short positions were wiped out. The liquidation wave grew stronger when Bitcoin broke above key resistance levels between $111,000 and $115,600, its highest level since mid-October.

Around $19 billion worth of trading positions were cleared from exchanges during the move — a reminder of the dangers of heavy leverage in crypto trading. Experts say the rally was supported by optimism over US-China trade talks and increasing institutional investment in Bitcoin ETFs.

Altcoins Join the Rally

Bitcoin’s surge also lifted altcoins. Ethereum rose over 7% to above $4,200, Solana regained the $200 level, and Cardano (ADA) neared $0.70. Other coins like Avalanche, Chainlink, and Polkadot also jumped with double-digit gains.

Analysts believe this could be the start of a new “alt season,” as money starts flowing from Bitcoin into smaller crypto projects and DeFi tokens.

Crypto Market Crosses $4 Trillion

The total crypto market cap has climbed above $4 trillion, showing strong recovery across the sector. There’s also growing activity from big investors, with CME futures hitting record highs and long-term holders continuing to accumulate Bitcoin.

Caution for Traders

Crypto remains highly volatile. Experts warn that if Bitcoin falls below $113,000–$114,000, short-term corrections could follow. Rising funding rates also hint that the market might be getting overheated.

Bigger Picture

Bitcoin’s rally shows how the crypto market is becoming more mature but still extremely fast-moving. The combination of global optimism, institutional investment, and strong blockchain fundamentals has made Bitcoin a leading indicator for risk in digital finance.

Altcoins are also gaining strength, and if the trend continues, it could mark the start of a broader crypto bull run. For now, Bitcoin remains in control — once again proving that it sets the pace in the world of digital assets.

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