EconomyBitcoin tops $85,000 as $648 million short wipeout fuels buying
Bitcoin rose above $85,000, gaining more than 5% in 24 hours in its strongest advance since January. About $750.5 million in leveraged crypto positions were liquidated, including roughly $648 million in shorts, while forced unwinding and aggressive derivatives buying accelerated the rally.
Bitcoin tops $85,000 as $648 million short wipeout fuels buying
Economy