Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

The largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.

Source: Decrypt
https://decrypt.co/376183/bitcoin-price-higher-1-2-billion-shorts-liquidated

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