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Bitfinex Warns of Critical Bitcoin Week After Aggressive $79K Short Squeeze

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TL;DR Bitcoin closed above $77,000 after clearing $71,000, with roughly $3 billion in crypto shorts liquidated while futures open interest continued rising. US spot Bitcoin ETFs attracted about $1.92 billion during the week, but weak onchai…

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Bitfinex Warns of Critical Bitcoin Week After Aggressive $79K Short Squeeze
Crypto Economy 3h ago

Bitfinex Warns of Critical Bitcoin Week After Aggressive $79K Short Squeeze

TL;DR Bitcoin closed above $77,000 after clearing $71,000, with roughly $3 billion in crypto shorts liquidated while futures open interest continued rising. US spot Bitcoin ETFs attracted about $1.92 billion during the week, but weak onchai…