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Bitcoin (BTCUSD) Eyes Sharp Rally as $93,500 Short Liquidation Zone Sparks Buying Pressure

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

News Summary

  • Bitcoin rallied to $90,600 but lost gains as the Fed held rates.
  • A key liquidation zone near $93,500 risks $4.5B shorts, potentially fueling a rapid price surge despite weak US spot demand and ongoing market risk-off signals.
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BTCUSD price history

75976.44 +15.57% over the displayed period

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