Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin jumps past $62K, sparking $100M in short liquidations amid institutional inflows and weak US jobs data.

Market News
03 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bitcoin surged above $62,000 in early July, triggering over $100 million in liquidations of short positions as traders betting against the rise were forced to cover. This sharp rally was fueled by weaker-than-expected US jobs data, which shifted market sentiment toward risk-taking, and significant inflows of $221 million into spot Bitcoin ETFs from institutional investors. The move broke a resistance level that had held for weeks, causing a classic short squeeze that pushed prices higher. Despite recent volatility, steady ETF inflows suggest growing structural demand for Bitcoin beyond speculative trading.

More News

Taiwan Freedom Project launches series to highlight Taiwan's geopolitical importance and counter CCP narratives.

Taiwan Freedom Project launches series to highlight Taiwan's geopolitical importance and counter CCP narratives.

The Taiwan Freedom Project has released a special 32-page section in The Washington Times titled "Why Taiwan Matters, Now More Than Ever," emphasizing Taiwan's critical geopolitical role and the threats it faces from China. The publication features b...

Market News
Neutral
3 hours ago
Court approves restructuring deal to keep Premier Health's operations running smoothly

Court approves restructuring deal to keep Premier Health's operations running smoothly

The Québec Superior Court has approved a restructuring transaction for Premier Health of America Inc., allowing the company to continue uninterrupted operations. The deal involves the acquisition of three affiliates by Polar Valley Investments Limite...

Company Fundamentals
Neutral
3 hours ago
Ethereum's bullish signal sparks optimism but $1,800 resistance must be broken to confirm trend reversal.

Ethereum's bullish signal sparks optimism but $1,800 resistance must be broken to confirm trend reversal.

Ethereum's monthly TD Sequential indicator triggered its first bullish signal since March 2025, reviving optimism after previous signals led to major rallies. The price rebounded from a double bottom near $1,565 and climbed above $1,700, with $1,800 ...

Technical Signals
Bullish
4 hours ago
Enablence shareholders approve new stock incentive plan reserving over 2 million shares

Enablence shareholders approve new stock incentive plan reserving over 2 million shares

Enablence Technologies Inc. announced that its shareholders approved an omnibus incentive plan at the June 22, 2026 annual meeting. The plan includes a 10% rolling stock option component and fixed components for restricted, performance, and deferred ...

Company Fundamentals
Neutral
4 hours ago
Seigneurie drill results confirm modest rare earth mineralization including dysprosium in Québec project

Seigneurie drill results confirm modest rare earth mineralization including dysprosium in Québec project

North American Niobium and Critical Minerals Corp. announced initial drill results from its Seigneurie project in Québec, confirming the presence of rare earth and niobium mineralization. Hole SGN-2026-007 returned modest grades of 76.7 ppm dysprosiu...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App