Bitcoin has pushed above $85,000, reaching its highest level since January, as short liquidations, improving ETF flows and a more crypto-friendly regulatory backdrop fuel the rebound. $BTC
đč LTH selling pressure: reportedly slowing sharply
đč $750M+ crypto positions liquidated in the past 24 hours, mostly shorts
đč SEC: introduced a five-year exemption supporting qualifying tokenized-stock trading on blockchain platforms
đč Macro risk: Fed officials, including Chicago Fed President Austan Goolsbee, continue signaling that higher rates may be needed as inflation pressures remain.
đč Oil prices: falling, helping improve broader risk sentiment.
The Block
The Wall Street Journal
Reuters
Reuters
đ BTC is back above $85K â now the big question is whether fresh spot demand can keep the rally going after the short squeeze fades.
