Bitcoin explodes above $60K triggering over $100M in liquidations

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Bitcoin’s price shot up toward $61K in a sudden move forward.

After a choppy price action throughout the past couple of days, the Bitcoin price has taken off, pushing above the pivotal $60K level today.

As seen in the chart below, the move happened suddenly as BTC exploded by more than $1,000 in a single hourly candle.

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