Crypto Shorts Get Rekt as Bitcoin, Ethereum and XRP Spike Ahead of Fed Decision – Decrypt
Bitcoin and other major cryptocurrencies are suddenly flying high on Tuesday, surging in value ahead of Wednesday’s Federal Reserve meeting conclusion that’s widely expected to bring a third interest rate cut. And that’s led to a growing pile of short positions getting liquidated—a rarity of late. Bitcoin was recently trading above $94,400, the highest price...
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