Bitcoin has surged above $75,000, reaching its highest level since late May after climbing from below $60,000. BTC gained approximately 20% over four days, outperforming ETH and SOL over the past 24 hours. The Bitcoin Fear and Greed Index has reached 72, indicating greedy sentiment, despite BTC remaining roughly 40% below its all-time high. More than $3 billion in bearish positions were liquidated during the initial breakout. Friday’s BTC and ETH options expiry carries approximately $2.01 billion in combined notional open interest.
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