Bitcoin rebounded during weekend trading, recovering from a drop of over $2,000 on Saturday and bottoming out at $95,800. As the cryptocurrency approached $98,000, traders experienced nearly $500 million in liquidations, with long positions undergoing significant losses of approximately $344 million and shorts incurring around $136 million. Analysts predict that retail and institutional demand for Bitcoin will remain robust despite market fluctuations, buoyed by easing monetary policies from global central banks. Additionally, investor confidence is spurred by the anticipated policies of the incoming Donald Trump administration, which includes a shift in leadership within the Securities and Exchange Commission (SEC), promising a potentially more favorable regulatory environment. Market trends show a strong appetite for U.S.-listed spot Bitcoin ETFs, with major firms like BlackRock leading in inflows, driving price volatility and fostering expectations of further price increases in the near future.

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