Bitcoin Gained $1,800 in 30 Minutes and Wiped Out $113 Million in Shorts: What Just Happened?
The crypto market moved higher today, led by Bitcoin, which surged to around $74,300, marking its highest level in roughly 40 days. Bitcoin gained nearly $1,800 in just 30 minutes, triggering a wave of liquidations across derivatives markets. More than $113 million worth of short positions were liquidated within an hour, forcing bearish traders to …
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