Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B

The value of bitcoin soared previous the $52K milestone on Wednesday, reaching $52,056 per unit on Bitstamp at 10:05 a.m. Jap Time. Bitcoin’s meteoric rise over the previous day triggered a wave of liquidated leveraged positions, wiping out $89.28 million in brief positions. ‘Sustained Excessive Ranges of Illiquid Provide’ Bolster Bitcoin’s Value After the U.S. […]



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