CoinDesk

Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out

Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.

Read the full article on CoinDesk

Opens in a new tab. Cointrackx tracks this click for statistics.

Partner

Sponsored • Award Winner

Finst named Best Crypto Platform 2025

Awarded the IEX Golden Bull for security, costs, and selection.

Free €20,- Bitcoin

Related news

NewsBTC

JUST Completes 5th JST Buyback & Burn: Over 170M Tokens (~$23.53M) Burned Ahead of Major Deflationary Upgrade

CoinDesk

Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash

Coinpaper

Monero Price Prediction: XMR Breaks $600 After Peter Brandt's Bullish Call