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Bitcoin reaches new $106k all-time high causing $313 million in liquidations
- Bitcoin reaches a new all-time high of $106,488 during Asian trading hours.
- The price settles at $104,771 at the time of reporting.
- Bitcoin's rally gained momentum after Donald Trump's election victory.
- The sharp price increase leads to $313 million in liquidations, with short traders accounting for nearly $200 million.
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