Bitcoin Eyes $100K as Crypto Market Triggers Short Squeeze
Bitcoin (BTC) rose around 3% on the day, breaking out of a multi-week trading range as traders and institutions increase their interest. The token has hit an eight-week high today, reaching an intraday high of $97,750 before settling at $96,455, thanks to a 64% increase in trading activity in the last 24 hours, which recorded about $67 billion in trading volume.
