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Bitcoin Soars as Shorts Get Crushed | Bitcoin and Crypto News
Published 2 weeks, 5 days ago
Description
Bitcoin just surged past $75,000 as over $4 billion in bearish bets got liquidated in two days—short sellers forced to buy back their positions fueled the rally. This mechanical momentum contrasts with genuine investor demand, while Ether, Dogecoin, and Solana also gained. Broader market shifts may stem from Treasury easing, and regulatory chatter in Washington adds another layer to the wild ride.
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