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Bitcoin Tops $70,000 Amid a Short Squeeze, but 3 Metrics Hold the Real Signal

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Bitcoin (BTC) briefly traded above $70,000 yesterday for the first time since June 2. Short liquidations reached $2.74 billion over the past 24 hours. The rally started with policy signals from Washington. Forced short covering then amplifi…

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Bitcoin Tops $70,000 Amid a Short Squeeze, but 3 Metrics Hold the Real Signal
BeInCrypto 2h ago

Bitcoin Tops $70,000 Amid a Short Squeeze, but 3 Metrics Hold the Real Signal

Bitcoin (BTC) briefly traded above $70,000 yesterday for the first time since June 2. Short liquidations reached $2.74 billion over the past 24 hours. The rally started with policy signals from Washington. Forced short covering then amplifi…