Bitcoin Surge Causes Over $500M in Liquidations, Highest in 3 Months

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Major cryptocurrencies are up an average of 20% since last week, CoinGecko data shows. Bitcoin surged 22% to over $21,000 on strong CPI data, ether jumped to as much as nearly $1,600, while solana jumped almost 70%, trading at $24 on Monday from just $9 in the last week of December.

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