Live updates: Bitcoin hits $85,000 as short liquidations hit $300 million in an hour
60-second summary
Bitcoin surges to $85,000 while short positions liquidate $300 million within an hour, sparking broad crypto rally; Monero (XMR) jumps 13 % as equity futures rise, Brent oil slips for a fourth session, and traders brace for the upcoming Trump‑Xi summit, signaling heightened volatility and potential bullish momentum across digital‑asset markets.
Crypto majors climbed alongside equity futures on Monday, with Monero's XMR up 13%, as Brent fell for a fourth straight session and traders positioned ahead of a Trump-Xi summit later this week.