According to U.Today, the latest US inflation data showed persistent price pressures, yet major cryptocurrencies like Bitcoin, Ethereum, and XRP saw price increases, triggering significant market volatility. CoinGlass data indicates that 73,709 traders were liquidated in the crypto market over the past 24 hours, totaling $259.12 million. Short liquidations surged to $82.61 million within an hour of the data release, while long liquidations were only $3.09 million, creating a 2633% liquidation imbalance. Bitcoin reached $83,825.17 during this rally, with short sellers losing over $51.69 million; Ethereum contributed $16.39 million in liquidations; XRP also experienced a short squeeze after stabilizing at $1.4975.