Bitcoin Shorts Get Rekt as BTC Tops $116K for First Time
The price of Bitcoin just soared to another all-time high, and hundreds of millions of dollars' worth of shorts have been liquidated.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Bitcoin holders are cashing out, just not the way they did at prior market tops
Your day-ahead look for Sept. 25, 2026
Ethereum (ETH) Price Prediction: Bulls and Bears Face Off as $3,000 Rally Meets Liquidation Risk
Ethereum price is entering a volatile phase after its latest recovery, with buyers trying to defend the recent breakout while sell...
Chainalysis Says Crypto Activity Barely Fell Despite $2.1T Market Rout
TL;DR Chainalysis says measured global crypto economic activity declined just 1.6% during the 12 months ended June 30, 2026. That...
Circle Takes FX Onchain With 24/7 Stablecoin Settlement On Arc
TL;DR Circle has launched StableFX on Arc, giving approved institutions 24/7 access to stablecoin-based foreign exchange settlemen...
CFTC Declares ‘It’s Go Time’ for Crypto Rules as Agencies Act Without Congress
CFTC Chair Mike Selig says the agency will write crypto rules without Congress after the Clarity Act failed. Perps platforms Hyper...
Bitget’s $351.6 million hack pushes September crypto losses to 2026 high
Bitget has suspended withdrawals after unauthorized transfers drained about $351.6 million from a limited number of its hot and wa...