Bitcoin hits 9-month high at $87,400 as altcoins and memecoins surge
- —BTC reached $87,400, up about 7% on the day
- —Over $800 million in shorts liquidated in 24 hours
- —US spot BTC ETFs drew $999 million, the most since October 6
- —PEPE +26.31%, Dogecoin +11.74%, SHIB +8.34%
Why it matters: The break of a year-long downtrend and record ETF inflows reinforce expectations of a new bull market; a weekly close above $82,850 would confirm the move.
Source: Crypto Insiders