From Nasdaq:

Bitcoin surged beyond $42,000 following a technical analyst’s optimistic forecast. Liquidation in the past 24 hours stood at $43.35 million, with short liquidations accounting for the majority. Cryptocurrency analyst Ali Martinez sees a potential rally to $43,000, while others caution against expecting a full-on reversal. The global crypto market cap currently stands at $1.62 trillion, up 4.2% in the past 24 hours.



Read more: Bitcoin Rallies 6% Above $42,000: ‘Very Bullish Long Term’ Development, Says Technical Analyst