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Bitcoin recovers $85,000, highest since January

Bitcoin rises more than 5% in the session and surpasses $85,000, reaching highs of the beginning of the year, eight months ago, driven by the strangulation of short positions, which has forced…

  • Bitcoin prices surged 5.6%, reaching $85,680, highest since early 2022
  • Short position squeezes forced automatic buying, driving price increase
  • U.S. SEC issued temporary regulatory pathway for tokenized share trading

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