Bitcoin hits $85,000 after $648M wipeout forces mass buying
Bitcoin surged above $85,000 as a wave of short liquidations accelerated the cryptocurrency’s strongest advance since January. Data from CryptoSlate showed BTC gained more than 5% over the past 24 hours to reach $85,193, extending its advance over the past 35 days to about 29%. The asset had eased to $84,545 as of press time […] The post Bitcoin hits $85,000 after $648M wipeout forces mass buying appeared first on CryptoSlate.
Key Takeaways
- Bitcoin surged above $85,000 as a wave of short liquidations accelerated the cryptocurrency’s strongest advance since January.
- Data from CryptoSlate showed BTC gained more than 5% over the past 24 hours to reach $85,193, extending its advance over the past 35 days to about 29%.
- The asset had eased to $84,545 as of press time […] The post Bitcoin hits $85,000 after $648M wipeout forces mass buying appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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