Bitcoin Hits $87,000, Triggering $1 Billion in Liquidations

Bitcoin reached an intraday high of $87,000, driving its market capitalization toward $1.8 trillion. The rapid price surge caused over $1 billion in liquidations across the derivatives market, with $900 million coming from short positions. Analysts are now monitoring the $88,000 level as a potential next target, with $80,000 to $82,000 serving as a new support zone.