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Bitcoin Tops $85K as $648M in Crypto Shorts Liquidated

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Bitcoin Tops $85K as $648M in Crypto Shorts Liquidated

A short squeeze started the move, but spot buyers have sustained it, and one measure of selling pressure is near a record low.

Key Takeaways

  1. A short squeeze started the move, but spot buyers have sustained it, and one measure of selling pressure is near a record low.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.