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      tldr; Bitcoin has reached a new all-time high of $126K after a period of consolidation and volatility. The cryptocurrency’s market cap has surged to $2.5 trillion, surpassing Amazon and nearing silver’s valuation. This milestone follows a recovery phase starting in October, dubbed ‚Uptober‘ by the crypto community, during which Bitcoin added over $10K to its value. Liquidations have totaled $350 million, primarily from short positions. The achievement marks a significant moment in Bitcoin’s ongoing market performance.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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