Bitcoin Spikes to $78,000 in Short Squeeze While US Stocks Hit New Highs

May 26, 2026 - 21:15
Bitcoin Spikes to $78,000 in Short Squeeze While US Stocks Hit New Highs
Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Bitcoin briefly taps $78,000 as volatility returns to markets at the Wall Street open. US stocks hit new all-time highs, while crypto continues to underperform. Positive funding rates spark fresh warnings over Bitcoin’s immediate outlook. Bitcoin neutralizes...

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