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A softer-than-expected U.S. inflation reading has lifted sentiment across digital asset markets and triggered a sudden short squeeze. Bitcoin has jumped above $64,700, up 3.5% over the past 24 hours, and Ethereum has advanced more than 5.8% to trade near $1,880, while Solana has added over 2% to trade around $77.50. The overall market cap has reached $2.22 trillion, reflecting a 2.5% daily increase.
Presales have consistently brought in fresh commitments even as broader indicators show mixed caution, with participants directing funds toward projects positioned to benefit from a sustained recovery in risk assets and greater capital flows across leading chains.
This is largely why the LiquidChain (LIQUID) presale has kept building momentum (with close to $1 million raised to date), and could now be the next 100x crypto as its Layer 3 design is intended to pull liquidity from Bitcoin, Ethereum, and Solana into a single execution layer.
Bitcoin and Ethereum Lead Rally Following Softer CPI Data and Short Squeeze
The latest consumer price figures came in below forecasts, reducing pressure on US interest rate expectations and allowing risk assets to advance. Bitcoin crossed above $63,000 early in the session before pushing higher, with Ethereum and Solana tracking the move closely on the back of strong buying interest.
Short positions have faced heavy pressure, with more than $100 million in shorts liquidated in a single hour and one accelerated stretch that saw $56 million cleared in 10 minutes as prices climbed, catching late bears unprepared. Broader 24-hour liquidation totals have run into the hundreds of millions, with Ethereum and Bitcoin accounting for a large share.
$56,000,000 in shorts liquidated in last 10 minutes.
Late shorts got wiped out. pic.twitter.com/BOfNjDQ70U
— Ted (@TedPillows) July 14, 2026
Ethereum posted one of the sharpest resulting moves, rising nearly 6% on the day as covering activity intensified. Solana joined the surge, adding to its daily gains despite a softer weekly backdrop.
The episode illustrates how quickly positioning can shift when macro data aligns with bullish technicals. Clearing these short bets has removed one layer of overhead and left room for continued buying if follow-through demand holds. In the meantime, projects that can aggregate liquidity from primary chains are likely to see increased interest as capital rotates.
LiquidChain Presale Advances With Layer 3 Plans to Unify Liquidity Across Bitcoin, Ethereum, and Solana
LiquidChain (LIQUID) is working to launch a Layer 3 blockchain to connect liquidity from Bitcoin, Ethereum, and Solana. The L3’s approach relies on trust-minimized cross-chain proofs that enable assets from each network to appear in shared pools in verifiable form, bypassing conventional wrapping steps. Developers can therefore launch applications that tap the combined depth, DeFi activity, and execution speed of the three networks through one integration.
The new layer’s supporting virtual machine targets high throughput similar to leading high-speed chains while incorporating settlement mechanisms that span Bitcoin UTXOs, Ethereum state data, and Solana accounts.
The path doesn't end at L1.
It doesn't stop at L2 either. 👁⟁https://t.co/vqvBcdSQYC pic.twitter.com/UsmCfGdk3x
— LiquidChain (@getliquidchain) July 13, 2026
During the current presale stage, the LIQUID token can be purchased at a temporarily discounted price of $0.0148. Backers have already pledged more than $904,000 against a stage-limited target of roughly $1 million, moving the effort close to its CEX and DEX launch phase. Those who stake as part of their purchase can access rewards of up to 1,245% APY.
Next 100x Crypto: LIQUID’s Presale Pricing and Staking Rewards Create Timely Opportunity Amid Market Rebound
Major assets have posted clear advances in recent sessions, and short-covering activity has helped reset sentiment in a constructive direction. In this context, the LiquidChain presale provides a direct route for those looking to gain exposure to infrastructure that targets liquidity consolidation across Bitcoin, Ethereum, and Solana.
Entry remains available at $0.0148 per LIQUID token, with the staking feature during purchase offering projected returns of up to 1,245% APY. The campaign’s consistent inflows highlight steady interest from serious investors as it approaches the transition to LIQUID’s first exchange listings.
Early participants in the LiquidChain presale can align themselves with a Layer 3 network that consolidates liquidity from the top three chains, and a token that could potentially become the next 100x crypto as conditions across Bitcoin, Ethereum, and Solana continue to strengthen.
