In brief

  • Bitcoin hits the USD 84,000 level on September 21, an event that has never happened since January 31

  • Short sellers incur losses of USD 262.30 million within 1 hour, while the long side has only USD 9.53 million

  • Buying pressure emerges amid a recovery that leaves most major assets in positive territory

Read the original story: Bitcoin surged past $84,000 for the first time since January, wiping out a $262 million short position by Kamina Bashir at th.beincrypto.com