Bitcoin (BTC) Price: Breaks $81,000 as Short Sellers Get Liquidated

TLDR Bitcoin broke $81,000, pushing its market cap near $1.62 trillion. The rally wiped out $282 million in short positions, 62% of all crypto shorts liquidated that day. Reports of a $950 billion Treasury bond buyback plan helped push yields lower. Analyst Kip Herriage said the move could squeeze short sellers in Treasuries. Stanley Druckenmiller [...]

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