Bitcoin Hits 9-Month High as $450 Million in Shorts Liquidated
The cryptocurrency market experienced a sharp recovery, with Bitcoin climbing 4% in two hours to reach a 9-month high of $85,299. The rally was fueled by the liquidation of nearly $270 million in short positions across major assets including BTC, ETH, SOL, XRP, DOGE, ZEC, and HYPE within a single hour.
Summaries are written by AI from the original article. Not investment advice.