Bitcoin Reaches $108,000 Amidst Volatility and $20B Liquidations

Bitcoin surged past $108,000 this week, marked by a dramatic $20 billion in short liquidations. This surge was driven by volatility and algorithmic activity on the market as key support levels emerged globally, capturing traders’ attention on October 19, 2025. The market rebounded after experiencing significant price fluctuations, showcasing its inherent volatility.