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Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

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.

Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

We haven't written up this one. Decrypt has the full story — the link below goes straight to it.

Read the original at decrypt.co →

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