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Bitcoin has surged past $102,000 despite ongoing market volatility fueled by geopolitical tensions. The cryptocurrency market remains highly sensitive to macroeconomic and geopolitical developments, with significant liquidations observed in derivatives trading.
- Bitcoin rebounded to $102,000 after a brief drop below $100,000, driven by geopolitical tensions involving Israel, Iran, and the US.
- Over $600 million in liquidations occurred in the derivatives market in 24 hours, highlighting extreme volatility.
- Altcoins displayed mixed performance, with HYPE up 6% while MNT and BGB fell by 3.7% and 2.9%, respectively.
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