<ul data-eligibleForWebStory="false"><li>Bitcoin reached a record high above $112,000, leading to over $226 million in liquidations within 24 hours, predominantly from short positions.</li><li>The surge in Bitcoin's price signals a bullish market trend, raising its market capitalization above $2.2 trillion and driving trading volume past $55.6 billion.</li><li>The sharp increase in Bitcoin's value has squeezed bearish traders, with significant liquidations emphasizing the rapid shift in sentiment within leveraged environments.</li><li>Analysts warn of continued volatility despite the positive momentum, as evidenced by nearly $500 million in liquidations across the broader cryptocurrency market, emphasizing the importance of risk management.</li></ul>

Bitcoin Hits Record High Above $112K, Triggers $226M in Liquidations

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