Decrypt

Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

Bitcoin Climbs Higher as $1.2 Billion in Shorts LiquidatedWorldPing

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.

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

Read the full report at Decrypt

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Bitcoin, Ether ETFs Pull in $827 Million as Crypto Rally Spreads

Bitcoin ETFs attracted $606.29 million on Thursday, their strongest session of the week, while ether funds added $220.77 million. Solana, XRP and HYPE ETFs also finished in positive territory as the crypto rally spread across the fund market.

Brief by WorldPing · Original reporting by Bitcoin.com