Bitcoin Hits $64,913 on July 14 Amid Middle East Turmoil, Triggers $277M Short Liquidations

BTC4.23%
On July 14, Bitcoin hit $64,913 during an intraday rally, reversing recent losses to reach a multiweek high despite escalating Middle East conflict. The surge liquidated $277 million in short bets across cryptocurrency markets, according to Coinglass data. BTC retreated to just under $64,500, marking a 24-hour gain of 4.2% and pushing its market capitalization above $1.29 trillion.
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