Bitcoin Touches $34K as $114 Million in Shorts Liquidated
A second rally for the day triggered $145 million in overall crypto market liquidations.
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, Ether ETFs Pull in $827 Million as Crypto Rally Spreads
Bitcoin ETFs attracted $606.29 million on Thursday, their strongest session of the week, while ether funds added $220.77 million....
Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out
Bitcoin Magazine Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out Bitcoin continued its rise on Frid...
XRP Price Prediction: XRP Jumps Over 20% as $1.5B Short Squeeze and Whale Accumulation Fuel Rally Beyond $1.25
The move has taken XRP above its 50-day simple moving average near $1.07 and placed the $1.25 region at the center of the latest X...
Treasury’s $14 Billion Buyback Triggered a $3.5 Billion Crypto Short Squeeze
Bitcoin jumped roughly 25% to a two-month high above $77,000 within hours of the U.S. Treasury doubling its long-dated bonds buyba...
Over $33M in Solana short positions liquidated as SOL nears $95
The liquidation of Solana shorts highlights the volatility and risk in crypto markets, emphasizing the need for cautious leverage...
Treasury’s ‘Not-QE’ Buyback Expansion Ignites 23% Bitcoin Rally Toward $79,000
Bitcoin surged over 23% toward $79,000 as the Treasury doubled long-dated bond buybacks to $4bn per operation, triggering $1bn+ in...