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Bitcoin Breakout Leaves Short Sellers in Tatters

The cryptocurrency’s price hit a new all-time high and climbed past $113K on Thursday afternoon, leaving bearish short sellers bleeding to the tune of $302M. Bitcoin Soars Past $113K, New Level Unlocked Just a day after...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Breakout Leaves Short Sellers in Tatters
The cryptocurrency’s price hit a new all-time high and climbed past $113K on Thursday afternoon, leaving bearish short sellers bleeding to the tune of $302M. Bitcoin Soars Past $113K, New Level Unlocked Just a day after California-based chipmaker Nvidia (Nasdaq: NVDA) became the first company to reach a $4 trillion market capitalization on Wednesday, bitcoin […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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