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Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism

Bitcoin and ether are both off to a strong start as the week begins in Asia. The world’s largest digital asset is still above the $30K mark, while ether is up 1.3% to $1,901. Analysts say that this mini-bull market, which has followed multiple applications for spot bitcoin ETFs, is pushing BTC and ETH to some of its strongest weekly gains since March. Data from CoinGlass shows that over the weekend, traders with short positions had a slight edge. In the past 24 hours, there were $9.5 million in liquidated long positions and $7.10 in liquidated short positions.

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