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Nearly 180,000 people liquidated their positions! Bitcoin jumped 5% to return to US$74,000, and Ethereum soared 8%

On Tuesday, April 14, the cryptocurrency market rebounded sharply, and Bitcoin (BitfinexUSD) jumped nearly 5% to return to the US$74,000 mark.
The situation in the Middle East showed signs of easing, US-Iran ceasefire negotiations made progress, and market risk appetite rebounded significantly. At the same time, documents submitted by the major Bitcoin player Strategy to the U.S. Securities and Exchange Commission show that the company raised approximately US$1 billion in funds to increase its holdings of Bitcoin by selling Stretch permanent preferred shares last week. It is reported that Strategy currently holds a total value of approximately US$55 billion in Bitcoins, ranking first among corporate Bitcoin holders in the world. Giants continue to increase their positions and repair geopolitical sentiment, which together ignited this round of crypto market rebound.

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