$285 Million in Bitcoin Shorts Wiped Out
The post $285 Million in Bitcoin Shorts Wiped Out appeared first on Coinpedia Fintech News
In the past 24 hours, Bitcoin’s price surged past $93,000, triggering the liquidation of over $285 million in short positions. This sharp upward movement caught many traders off guard, forcing the automatic closure of their leveraged bets against Bitcoin. The current BTC price stands at $93,642, with an intraday high of $93,723 and a low of $88,027. The massive liquidations highlight the risks of shorting in the volatile crypto market, especially as Bitcoin continues to outperform expectations.
Bloomberg’s McGlone Warns Bitcoin & Dogecoin Might Be Headed for Major Price Crash
The post Bloomberg’s McGlone Warns Bitcoin & Dogecoin Might Be Headed for Major Price Crash appeared...
Top Altcoins Poised to Surge as Bitcoin Dominance Weakens
The post Top Altcoins Poised to Surge as Bitcoin Dominance Weakens appeared first on Coinpedia Finte...
Tesla Bitcoin Holdings Unmoved as Q1 Revenue Drops 9%: What’s the Strategy?
The post Tesla Bitcoin Holdings Unmoved as Q1 Revenue Drops 9%: What’s the Strategy? appeared first ...