Decrypt

Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

The largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.

Read the full article on Decrypt

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