Bitcoin Rallies Near $70,000 as Record Short Liquidations Trigger a Massive Squeeze
Market / Price
Bitcoin perpetual futures recorded approximately $1.1 billion in short position liquidations within 24 hours. The total liquidation volume in the cryptocurrency market reached $1.92 billion on the same day. The price of the leading cryptocurrency touched an intraday high of $68,982.40 before stabilizing above $68,100.
BTC
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