Bitcoin Price Cracks $84K as $188 Million in Crypto Shorts Get Wiped Out
Bitcoin’s price punched through $84,000 on Wednesday, catching bearish traders off guard and helping wipe out $188 million in short positions across crypto markets. More than 71,000 traders faced liquidations as the leading crypto asset climbed toward $84,700, squeezing leveraged bets against it. Bitcoin’s Rally Leaves Short Sellers Scrambling Bitcoin’s price traded near $84,376 on […]
Key Takeaways
- Bitcoin’s price punched through $84,000 on Wednesday, catching bearish traders off guard and helping wipe out $188 million in short positions across crypto markets.
- More than 71,000 traders faced liquidations as the leading crypto asset climbed toward $84,700, squeezing leveraged bets against it.
- Bitcoin’s Rally Leaves Short Sellers Scrambling Bitcoin’s price traded near $84,376 on […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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