According to CoinMeta, Bitcoin broke through $65,000 on Friday, reaching its August high of $65,340, and then consolidated below that level, with a 0.5% increase during the day. Market volatility led to a total cryptocurrency liquidation amount of $192 million, of which $112 million was mainly from the liquidation of short positions. Bitcoin regained the $65,000 range on Friday and finally broke through that threshold, accompanied by an escalation in rhetoric.