Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.9 Articles
9 Articles
Key points of the news: Samson Mow, executive director of the technology firm JAN3, stated that institutional and retail investors are using the asset as cover against bank instability. Bitcoin’s price increased by more than 7% over a 24-hour period, reaching unobserved technical levels over the past six weeks. Liquidation data on derivatives platforms reflected the forced closure of more than $3 billion in short positions during the day. JAN3’s…
Crypto Trader Accused Of Fake $6M Loss On Bybit Demo Account During Record Short Liquidation
Bitcoin was front and center on my timeline when two completely different stories collided into one, and honestly, the timing couldn't have been more fitting. On one side: Bitcoin just ripped through short sellers so hard it produced the largest short liquidation event crypto has ever recorded. On the other: a very public Twitter fight over whether a trader who claims he lost millions on a Bitcoin short was even trading with real money in the fi…
24 Hour Crypto Recap: Here's What Happened in the Market
Bitcoin surges 7.7% to an 11-week high near $69,700 on Treasury liquidity news. Treasury doubles long-term bond buybacks, fueling a $2.98 billion liquidation. Trump hosts crypto executives, pushes CLARITY Act ahead of Senate recess. Bitcoin traded near $68,945, up a sharp 7.7% over the past 24 hours and up 9.3% for the week, briefly touching $69,749 intraday, its highest level since June 2. Ethereum surged even harder, up 17.8% on the day and 20…
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Crypto News FlashBitcoin Nears $70K as $2.99B Liquidation Wave Lifts Crypto
Crypto market capitalization climbed 8.1% to $2.38 trillion as gains spread beyond Bitcoin. Ethereum outperformed BTC sharply, while XRP, Solana and HYPE posted double-digit daily advances. Forced liquidations reached $2.99 billion, turning an initial macro rally into a much larger...
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