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Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

In brief Bitcoin climbed 7.9% over 24 hours to around $77,137—up 23.2% on the week—after 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 hours—roughly $1.21 billion of it in shorts.

13 days ago

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