EconomyBitcoin hits $85,000 as short squeeze forces out $648 million in bearish bets
Bitcoin climbed to $85,000 as a short squeeze forced $648 million in bearish bets out of the market. Open interest nevertheless rose 7.59% to $156 billion, suggesting traders are chasing the move rather than stepping back.
Bitcoin hits $85,000 as short squeeze forces out $648 million in bearish bets
Economy