<h2>Bitcoin's Market Capitalization Peaks</h2>
Bitcoin's relentless surge has propelled it to a new<a href="https://www.cryptoknowmics.com/news/btc-price-forecast-bitcoins-potential-2025-all-time-high/" target="_blank" rel="noopener"> all-time high</a> market capitalization of $1.33 trillion, surpassing the previous record. The cryptocurrency's upward trajectory is attributed to increased funds inflow into spot BTC exchange-traded funds (ETFs), anticipation of the upcoming halving event, and heightened investor interest.
<h2>Greedy Sentiments and Global Impact</h2>
Bitcoin's market cap spike has fueled extreme investor greed, reaching a peak of 90 on the Crypto Fear &amp; Greed index, the highest since November 8, 2021. As BTC approaches silver's market cap of $1.4 trillion, the cryptocurrency landscape experiences a surge in global market cap to $2.53 trillion, marking a 6.03% increase in the past 24 hours.
<h2>Bitcoin Shorts Face Squeeze</h2>
Bitcoin's soaring value triggered a squeeze in shorts, resulting in the liquidation of approximately $250 million in leveraged bets, primarily shorts. Over 141,175 traders faced liquidation within the last 24 hours, totaling $416.16 million. Notably, the largest single liquidation order, valued at $8.23 million in BTC-USDT, occurred on Binance.

[embed]https://twitter.com/CryptoMichNL/status/1764602512122789997[/embed]
<h2>Stocks Retreat as Bitcoin Surges</h2>
While Bitcoin experiences record highs, traditional stocks, including the S&amp;P 500 and Nasdaq Composite, retreated from their all-time highs. The S&amp;P 500 slipped by 0.12% to 5,130.95, and the Nasdaq Composite fell 0.41% to 16,207.51. The Dow Jones Industrial Average concluded with a 0.25% loss at 38,989.83.
<h2>Upcoming Influences</h2>
Traders eagerly await Federal Reserve Chair Jerome Powell's hints on future interest rate directions this week. Additionally, the ADP Employment Survey, January job openings data, and manufacturing and nonfarm payrolls data for February will provide insights into the labor market.

[embed]https://twitter.com/ali_charts/status/1764785140222554331[/embed]
<h2>Bitcoin's Future Forecasts</h2>
Analysts provide varying perspectives on Bitcoin's future. While Michael Van de Poppe predicts a consolidation and correction in the near future, Gracy Chen sees potential for a new all-time high if Bitcoin ETF continues to witness strong inflows. On-chain analyst Willy Woo and Ali Martinez present contrasting views, with Woo foreseeing a minimum of $125,000 for Bitcoin and Martinez highlighting sell signals based on the TD Sequential indicator.

Bitcoin's Market Surge and Potential Correction: Analysts Weigh In

🔥 Bitcoin breaks records with a $1.33 trillion market cap! Analysts split on future trends. 📈 Explore the surge, liquidations, and contrasting forecasts.

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Bitcoin's Market Surge and Potential Correction: Analysts Weigh In

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