The price of Bitcoin has rebounded above $97,000, with a trading volume increase of over 60% following a slower weekend. Bitcoin's market capitalization also saw a slight increase, indicating renewed investor confidence. BTC dominance and futures market activity have risen, suggesting capital rotation from other cryptocurrencies into Bitcoin. However, there were also significant liquidations of Bitcoin positions, indicating volatility in the market. Traders are now closely watching whether Bitcoin will break above $98,000 or face resistance at current levels.



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