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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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1. **Bitcoin Hits New All-Time High**
- **Price breaks $112,000**, with a 24-hour increase of over 3%, and a cumulative increase of nearly 20% this year. Ethereum rises 5.8%, Solana rises 3.6%, Cardano rises over 6%.
- **Driving Factors**：
- Institutional funds continue to flow in (such as Bitcoin ETF);
- The Trump administration promotes cryptocurrency-friendly policies (Trump Media Group plans to launch a multi-coin ETF);
- The market bets on the Federal Reserve lowering interest rates (Trump states "rates are at least 3 percentage points too high").
2. **The contract market experiences a huge shock, nearly 110,000 people liquidated**
- Within 24 hours, the entire network saw liquidations totaling **$510 million**, with short positions accounting for nearly 90% ($448 million), and the largest single liquidation reaching $51.56 million.