Bitcoin has surged past $72,000, reaching levels not seen since May after climbing from the mid-$60,000s. The rally was driven by the U.S. Treasury’s expanded bond buyback plans and renewed political support for crypto regulation, including President Trump’s push for the Clarity Act.
Over $3 billion in short positions were liquidated within 24 hours, marking one of the largest short-squeeze events on record. The move has lifted broader market sentiment, with traders now watching whether Bitcoin can sustain momentum above the recent range. DYOR.
#Write2Earn
#Bitcoin #BTC #crypto $BTC $BNB $ZEC
Over $3 billion in short positions were liquidated within 24 hours, marking one of the largest short-squeeze events on record. The move has lifted broader market sentiment, with traders now watching whether Bitcoin can sustain momentum above the recent range. DYOR.
#Write2Earn
#Bitcoin #BTC #crypto $BTC $BNB $ZEC
