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Heading: teacher and bitcoin 🧑🏫
The beginning of the week saw a bullish trend in the cryptocurrency market, but it was short-lived. Bitcoin and most altcoins quickly lost a significant portion of their gains, triggering mass liquidations. Over 180,000 traders were affected by this downturn. The largest liquidated order, worth $10 million, was recorded on the BitMEX platform. News of the US plans to create a strategic cryptocurrency reserve caused a sharp market surge, with some assets rising by 60% in just a few hours.
Later, statements by Donald Trump about Bitcoin and Ethereum also supported the market. For instance, Bitcoin rose from $85,000 to a weekly high of $95,000, while ETH reached $2,500. However, by Monday, the market faced another correction, and Bitcoin's price returned to the $85,000 level. Analysts had warned that the rise above $90,000 could be unsustainable.
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