Bitcoin has bounced back and is currently trading near $98,000. This recovery comes as liquidations in the market approach $500 million. Bitcoin’s rise in price is a positive sign for investors, as it indicates renewed interest and confidence in the cryptocurrency. The market is closely monitoring the liquidations, as they can have a significant impact on price movements. Overall, Bitcoin’s recent performance suggests that it is regaining its footing and could potentially continue to rise in the near future.