Bitcoin jumped +$3,000 in one hour, reclaimed $90,000, then flipped to $86,000

  • Bitcoin jumped +$3,000 in one hour, reclaimed $90,000, then flipped to $86,000 after $120M in shorts and $200M in longs were liquidated, creating a $140B market-cap swing in under two hours.
  • Metals ripped higher, with silver up 5% to a new record above $66, while gold and copper each gained more than 1%.
  • U.S. stocks pulled back as money rotated out of tech again: S&P 500 −0.7%, Nasdaq −1%, Dow −83 points (−0.2%).

Source: https://www.cryptopolitan.com/bitcoin-surges-crashes-back-to-85000-30-mins/