Bitcoin’s $63K Reclaim Liquidates $540M in Crypto Shorts, a 7-Week High – Decrypt
In brief Bitcoin bounced 7.5% from Friday’s $59,353 low to highs of $63,800 on Monday. The weekend recovery liquidated $540 million in short positions on Sunday, the highest level since mid-April. Experts remain cautious about the rebound, saying it does not confirm a trend reversal yet. A portion of last week’s selloff has come undone...
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