Bitcoin Surges Amidst Market Rally, Short Liquidation Crosses $100M
Following a range-bound weekend, Bitcoin reached $66,000 today. According to statistics, approximately $101.4 million in short positions were liquidated. On the last day, when the price of Bitcoin rose, crypto derivatives traders who had bet on a decline in the market were liquidated for almost $100 million. Following a range-bound weekend, Bitcoin reached $66,000 today,…