Bitcoin Nears $110K: $1 Billion Short Liquidation Potential Sparks Market Worries

Concerns are mounting over potential short liquidations of up to $1 billion if Bitcoin reaches $110,000. Analyst Arthur Hayes has pointed to this possibility and predicted a surge in liquidity that could propel Bitcoin past previous record highs. While exchanges have not confirmed the trigger point, the market is closely watching for price movement and any associated liquidity triggers.