Bitcoin returns to $69,000 for the first time in nearly three months, with over $1.3 billion in liquidations across the network in the past hour

According to Odaily, OKX market data shows that Bitcoin briefly rose to $69,888, hitting a new high since June 2; Ethereum briefly rose to $2,119.65, reaching a new high since May 27.

Additionally, data from Coinglass shows that liquidations across the entire network expanded to $1.309 billion in the past hour, with BTC liquidations reaching $774 million and ETH liquidations totaling $433 million.