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Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts

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Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The move unfolded rapidly during late morning U.S. trading. Bitcoin ha…

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Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts
Bitcoin.com News 2h ago

Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts

Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The move unfolded rapidly during late morning U.S. trading. Bitcoin ha…