High Alert
Decrypt

Bitcoin Blasts Past $80K and a Fresh Short Squeeze Is On

Bitcoin Blasts Past $80K and a Fresh Short Squeeze Is OnWorldPing

Bitcoin just ripped 5.88% higher in a single session, tearing back toward its 2026 highs. The charts say the move is real, but they also say it's gotten ahead of itself.

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

Read the full report at Decrypt

More coverage: all crypto & markets news on WorldPing.

Related news

Bitcoin’s Price Rips Past $80K as Short Sellers Get SteamrolledWorldPing
Bitcoin.com

Bitcoin’s Price Rips Past $80K as Short Sellers Get Steamrolled

Bitcoin’s price ripped from the mid-$76,000s to nearly $81,000 on Friday at 10:45 a.m. ET, after traders spent the week absorbing a failed U.S. Senate crypto vote and two central-bank rate hikes. The final leg wasn’t simply buyers charging in.

Brief by WorldPing · Original reporting by Bitcoin.com

Bitcoin Returns to Inflows With $159M as Zcash ETF Draws $46.6MWorldPing
Bitcoin.com

Bitcoin Returns to Inflows With $159M as Zcash ETF Draws $46.6M

U.S. bitcoin ETFs returned to inflows on Thursday with $159.45 million, led by a sharp rebound in Blackrock’s IBIT. Ether and XRP funds remained under pressure, while the recently launched Zcash ETF drew $46.56 million in fresh capital.

Brief by WorldPing · Original reporting by Bitcoin.com