Over $75 million worth of Bitcoin shorts have been liquidated from the market in the past 60 minutes, with total liquidations on the crypto market up 80% in the last 24 hours. This surge is reportedly following Trump's pausing of tariffs on multiple countries, leading to a bullish sentiment on Bitcoin, which has reversed trajectory and is back over $82,000. Other major assets like Ethereum (ETH) and Ripple XRP are also experiencing gains due to this news.