Bitcoin surged close to $75,000, rising nearly 8% in 24 hours and 18% over the past week, fueled by a wave of short liquidations exceeding $4 billion in two days. This rapid price increase forced bearish traders to close positions, adding momentum to the rally. Other major cryptocurrencies like Ether, Dogecoin, and BNB also gained. The rally was supported by improved market liquidity from U.S. Treasury bond buybacks and political support for clearer digital asset regulations. Bitcoin's market cap is near $1.5 trillion but still 40% below its all-time high from last year.
Bitcoin surged above $75,000, marking a 20% gain over four days and reaching its highest level since late May. This rally outpaced Ethereum and Solana, driven by a strong reaction from key support levels and significant short squeezes that liquidated...
Jim Cramer recently said he sold all his Bitcoin due to concerns about quantum computing potentially breaking Bitcoin's cryptography, citing IBM CEO's warning. However, days later on his show Mad Money, he advised a caller to buy Bitcoin instead of a...
Bitcoin surged past $70,000, driven by the largest short squeeze since March, with $431 million in liquidations accelerating the rise. This forced buying helped Bitcoin cross $65,000 smoothly, but sustaining the breakout depends on new demand as liqu...
XRP surged over 10% near $1.10 following Bitcoin's sharp 8% rise to $72,281, triggering more than $1 billion in Bitcoin short liquidations. This major short squeeze reflects renewed bullish momentum after months of decline. Amid this volatility, UE C...
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
