[Bitcoin soars to new all-time high above $112K as traders liquidate shorts]
Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Bitcoin soars to new all-time high above $112K as traders liquidate shorts"></p><p>Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.</p>

Bitcoin soars to new all-time high above $112K as traders liquidate shorts

Bithumb, one of South Korea's largest cryptocurrency exchanges, has just shaken the market with a serious internal incident related to the distribution of rewards...

A Bithumb exchange employee accidentally 'gifted' 2,000 Bitcoin to a user, causing the price of BTC on the exchange to suddenly drop by 10%.

Bitcoin's fundamentals have never changed; what has changed is its price in a continuously depreciating fiat currency system.

The real risk of Bitcoin is never price pullbacks.

Author: Nancy, PANews
Original title: No Black Swan Events, Four Atypical Guesses About the Culprit Behind Bitcoin Overselling
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A black swan-style crash has arrived, but we haven't seen where the black swan is, which is even more unsettling.
Almost without warning, Bitcoin suddenly plummeted, entering its third-largest oversold zone in history, causing both long positions to collapse and psychological barriers to fall. This has left the market perplexed...