{"id":25852,"date":"2025-05-08T17:16:55","date_gmt":"2025-05-08T17:16:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25852"},"modified":"2025-05-08T17:16:55","modified_gmt":"2025-05-08T17:16:55","slug":"500m-in-shorts-liquidated-as-bitcoin-btc-blasts-above-101k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25852","title":{"rendered":"$500M in Shorts Liquidated as Bitcoin (BTC) Blasts Above $101K"},"content":{"rendered":"
\n

It almost felt inevitable today that bitcoin will eventually break past the coveted $100,000 milestone and after a brief hesitation, the asset has soared to a new multi-month peak above $101,000.<\/p>\n

The altcoins have followed suit with massive price gains from the likes of PEPE, SUI, FARTCOIN, and many others.<\/p>\n

\"BTCUSD.<\/a>
BTCUSD. Source: TradingView<\/figcaption><\/figure>\n

CryptoPotato<\/em> reported<\/a> earlier today that BTC had risen to $99,700 amid reports<\/a> that China and the US will have talks later this week in Switzerland in regards to striking a tariff deal. Later, Trump teased<\/a> a big announcement for tomorrow that will involve the UK.<\/p>\n

BTC stood close to the six-digit entry territory for almost the entire day and was stopped there at first. However, the asset flew past it an hour ago and kept surging to a new three-month peak of over $101,000.<\/p>\n

Recall that just a month ago the primary cryptocurrency struggled below $80,000 and even dumped to a 2025 low of under $75,000 amid the darkest hours of the Trade War.<\/p>\n

Now, though, bitcoin\u2019s realized cap has marked<\/a> another all-time high, while the break above $100,000 could be different<\/a> than previous such increases.<\/p>\n

VIRTUAL and PENGU lead the daily gains from the top 100 alts, with price surges of 36% and 33%, respectively. PEPE<\/a>, SUI, and FARTCOIN follow suit by charting 20-25% daily jumps.<\/p>\n

Even Ethereum has soared by double digits in the past 24 hours, and managed to break past $2,000 for the first time in well over a month.<\/p>\n

The total value of liquidations on a daily scale is up to $580 million, according to CoinGlass. The majority, expectedly, comes from short positions (almost $500 million). The total number of wrecked trades is above 145,000.<\/p>\n

\"Liquidation<\/a>
Liquidations Heat Map. Source: CoinGlass<\/figcaption><\/figure>\n

The post $500M in Shorts Liquidated as Bitcoin (BTC) Blasts Above $101K<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It almost felt inevitable today that bitcoin will eventually break past the coveted $100,000 milestone and after a brief hesitation, the asset has soared to a new multi-month peak above $101,000. The altcoins have followed suit with massive price gains from the likes of PEPE, SUI, FARTCOIN, and many others. BTCUSD. Source: TradingView CryptoPotato reported […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25852","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25852"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25852\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}