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Bitcoin surged past $71,000 on Tuesday, triggering a wave of short liquidations and marking a sharp acceleration in the cryptocurrency's rally.
Bitcoin
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Bitcoin jumped 8.7% on Wednesday to an intraday high of $69,749, its steepest daily gain since March 4 and highest price since June 1.- Published on
Ether surged 18% in 24 hours to just above $2,250 during Asian morning hours Thursday, leading a broad cryptocurrency rally that pushed bitcoin past $69,000.- Published on
A prominent crypto trader who had amassed $49 million in short-selling profits was forcibly liquidated early Thursday, losing nearly $24 million on a single ether position in just 12 seconds.- Published on
Bearish crypto traders suffered a record $2.74 billion in losses in a single day as bitcoin surged past $71,000, triggering the largest wave of forced short closures since records began in 2021.