Bitcoin Price Surge to $71K Fueled by Liquidations, Not Demand
Key Insights: Bitcoin price climbed above $71,700 on Monday as traders reacted to geopolitical headlines and forced liquidations. The move occurred on Binance and broader crypto markets. Yet, the underlying demand remained weak, raising concerns about sustainability. CryptoQuant data showed the rally lacked spot market support, even as Bitcoin price pushed higher during U
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