Bitcoin\u2019s price has taken off in Europe\u2019s afternoon trading session, pushing above $107,000 at the time of this writing.<\/p>\n
The cryptocurrency was trading<\/a> below $106,000 throughout the morning session but the bulls took control and pushed the price up, liquidating around $60 million worth of short positions in the past four hours alone.<\/p>\n <\/a>Source: TradingView<\/p>\n As\u00a0CryptoPotato\u00a0<\/em>reported on X, this coincided with another whale betting big on BTC on the popular decentralized exchange \u2013 Hyperliquid<\/a>. The entity deposited over $5 million in USDC and instantly opened a long position with 20x leverage.<\/p>\n Whale alert: A new wallet just dropped $5.5M in $USDC<\/a> into HyperLiquid and instantly aped into a $53.6M $BTC<\/a> long at 20x leverage.<\/p>\n Address: 0x1f25\u2026F925<\/p>\n Let the games begin. pic.twitter.com\/yLDqGWNBmb<\/a><\/p>\n \u2014 CryptoPotato Official (@Crypto_Potato) June 9, 2025<\/a><\/p>\n\n Of course, this probably doesn\u2019t have much to do with the recent increase, which is likely connected to renewed expectations of a positive resolution between the US and China on tariffs.<\/p>\n The delegations of both countries have arrived in London and are about to commence talks to stabilize the fragile trade truce, according<\/a> to\u00a0Walter Bloomberg\u00a0<\/em>on X. The US team is led by Treasury Secretary Scott Bessent, while the Chinese delegation is led by the Vice Premier He Lifeng.<\/p>\n The post Bitcoin (BTC) Price Soars Above $107K as US and China Resume Trade Talks in London<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s price has taken off in Europe\u2019s afternoon trading session, pushing above $107,000 at the time of this writing. The cryptocurrency was trading below $106,000 throughout the morning session but the bulls took control and pushed the price up, liquidating around $60 million worth of short positions in the past four hours alone. Source: TradingView […]<\/p>\n","protected":false},"author":0,"featured_media":72722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-72721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72721"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72721"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/72722"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>Source: TradingView<\/p>\nAs\u00a0CryptoPotato\u00a0<\/em>reported on X, this coincided with another whale betting big on BTC on the popular decentralized exchange \u2013 Hyperliquid<\/a>. The entity deposited over $5 million in USDC and instantly opened a long position with 20x leverage.<\/p>\nWhale alert: A new wallet just dropped $5.5M in $USDC<\/a> into HyperLiquid and instantly aped into a $53.6M $BTC<\/a> long at 20x leverage.<\/p>\nAddress: 0x1f25\u2026F925<\/p>\nLet the games begin. pic.twitter.com\/yLDqGWNBmb<\/a><\/p>\n\u2014 CryptoPotato Official (@Crypto_Potato) June 9, 2025<\/a><\/p>\n\nOf course, this probably doesn\u2019t have much to do with the recent increase, which is likely connected to renewed expectations of a positive resolution between the US and China on tariffs.<\/p>\nThe delegations of both countries have arrived in London and are about to commence talks to stabilize the fragile trade truce, according<\/a> to\u00a0Walter Bloomberg\u00a0<\/em>on X. The US team is led by Treasury Secretary Scott Bessent, while the Chinese delegation is led by the Vice Premier He Lifeng.<\/p>\nThe post Bitcoin (BTC) Price Soars Above $107K as US and China Resume Trade Talks in London<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price has taken off in Europe\u2019s afternoon trading session, pushing above $107,000 at the time of this writing. The cryptocurrency was trading below $106,000 throughout the morning session but the bulls took control and pushed the price up, liquidating around $60 million worth of short positions in the past four hours alone. Source: TradingView […]<\/p>\n","protected":false},"author":0,"featured_media":72722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-72721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72721"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72721"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/72722"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-09_14-19-56.png\"){kind=link}