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Bitcoin Climbs Higher as $1.2 Billion in Shorts Liquidated

The largest cryptocurrency surged 7.9% in a day to around $77,000, triggering a short squeeze that wiped out roughly $1.21 billion in bearish bets amid a wave of favorable news from Washington.

Source
Decrypt
Published
2026-08-21 14:57 UTC
Cache updated
2026-08-21 15:01 UTC

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