<ul><li>Bitcoin and major cryptocurrencies experienced a rally at the beginning of the week, with Bitcoin hitting $66,000.</li><li>Over $100 million worth of short positions against Bitcoin's price were liquidated, fueling the rally.</li><li>The rise of memecoins, including Mog (MOG) and SPX6900, amidst a lull in other sectors of the crypto market.</li><li>The boost in Chinese equities and renewed hopes for government stimulus contributed to Bitcoin's rise.</li></ul>

Bitcoin Hits $66,000 to Begin the Week With a Bang

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