🔥 Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated.
Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Bitcoin climbed 7.9% over 24 hours to around $77,137up 23.2% on the weekafter touching an intraday high of $79,320. The rally triggered a short squeeze, with CoinGlass logging about $1.5 billion in total crypto liquidations across 178,777 traders in 24 hoursroughly $1.21 billion of it in shorts. The surge follows a week of bullish Washington sentiment, including Trump backing the Clarity Act and signaling regulators are working to bring Hyperliquid onshore.. Bitcoin extended its rally on Friday, punishing traders who had bet against it and wiping out more than a billion dollars in bearish positions.
The largest cryptocurrency changed hands around $77,137, up 7.9% over the past 24 hours, according to CoinGecko data, after touching an intraday high of $79,320. The move capped a strong week that left Bitcoin up 23.2% over seven days, even as it remained down roughly 31.8% from a year ago. The surge steamrolled leveraged short sellers. CoinGlass data showed about $1.5 billion in total crypto liquidations over the past 24 hours across 178,777 traders, with short positions accounting for roughly $1.21 billion of that sum.
❓ What's your take is this the start of a bigger move or just noise? Drop it below.
$BTC $ETH
#AICryptoIntegration #TonEcosystem #CryptoMarkets
Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Bitcoin climbed 7.9% over 24 hours to around $77,137up 23.2% on the weekafter touching an intraday high of $79,320. The rally triggered a short squeeze, with CoinGlass logging about $1.5 billion in total crypto liquidations across 178,777 traders in 24 hoursroughly $1.21 billion of it in shorts. The surge follows a week of bullish Washington sentiment, including Trump backing the Clarity Act and signaling regulators are working to bring Hyperliquid onshore.. Bitcoin extended its rally on Friday, punishing traders who had bet against it and wiping out more than a billion dollars in bearish positions.
The largest cryptocurrency changed hands around $77,137, up 7.9% over the past 24 hours, according to CoinGecko data, after touching an intraday high of $79,320. The move capped a strong week that left Bitcoin up 23.2% over seven days, even as it remained down roughly 31.8% from a year ago. The surge steamrolled leveraged short sellers. CoinGlass data showed about $1.5 billion in total crypto liquidations over the past 24 hours across 178,777 traders, with short positions accounting for roughly $1.21 billion of that sum.
❓ What's your take is this the start of a bigger move or just noise? Drop it below.
$BTC $ETH
#AICryptoIntegration #TonEcosystem #CryptoMarkets