High Alert
Bitcoin.com

Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts

Bitcoin Rips Toward $70K as $1.3B Short Squeeze EruptsWorldPing

Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The move unfolded rapidly during late morning U.S. trading.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

Related news

Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt BuybacksWorldPing
Bitcoin Magazine

Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks

Bitcoin Magazine Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks Bitcoin blew past $68,000 on Wednesday, jumping nearly 3% over a 24-hour period after news dropped that the U.S.

Brief by WorldPing · Original reporting by Bitcoin Magazine