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Bitcoin (BTCUSD) Volatility Spikes on Leverage-Fueled Short Squeeze and Long Liquidations

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin saw extreme volatility with a sharp $3,000 surge and quick reversal near $90,000, driven by leverage-induced short squeezes and subsequent long liquidations amid fragile market structure and thin liquidity.
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Stored market data

BTCUSD price history

76914.12 +14.80% over the displayed period

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