Based on Cryptoticker, the crypto market experienced a sharp overnight rebound, with Bitcoin surging from a liquidity-driven sell-off. The price of BTC dropped 8% amid fears over Japan’s yield decisions, triggering a broader market sell-off and massive liquidations. However, the market quickly reversed as whales executed a liquidity sweep, flipping the charts green. This was followed by a major macro shift: President Trump’s selection of Kevin Hassett as the new Federal Reserve Chair, which boosted expectations for rate cuts and increased risk appetite. Meanwhile, capital rotated out of gold and into Bitcoin, reinforcing bullish momentum. On-chain data and price action suggest BTC could target $95,000, $98,500, and $102,000 if the trend continues.
Crypto Market Surges Overnight Amid Macro Shifts and Liquidity Sweeps
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