Bitcoin News
By Steven Anderson
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Bitcoin Rally Triggers Major Short Squeeze. On Thursday, Bitcoin surged to a new all-time high of $116,500, following a strong rally from…
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Ethereum and Other Cryptos Join the Rally. Bitcoin wasn’t the only asset climbing. Ethereum (ETH) hit a local high of $2,990 before…
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Bears in Disbelief. The market reaction has left bearish traders reeling.
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Bitcoin’s Rise Coincides With Dollar Weakness. Bitcoin’s rally is also being linked to broader macroeconomic trends. The U.S.
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Market Sentiment Shifts to Greed. The Crypto Fear & Greed Index remains in the “Greed” zone, registering a score of 71 out of…
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What’s Next for Bitcoin?. As Bitcoin continues its upward trend, traders are watching for signs of either continued growth…
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Conclusion. Thursday’s $1 billion liquidation event marks one of the largest shakeouts of short positions in…
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Bitcoin continues to make headlines as it smashes past previous highs, triggering a massive wave of liquidations across the crypto market.
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On Thursday, Bitcoin surged to a new all-time high of $116,500, following a strong rally from $112,000 the day before. This price movement caught short-sellers off guard.
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In total, 232,149 traders were affected by this wave of forced liquidations. For those unfamiliar, a short position is a bet that an asset’s price will fall.
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These moves reflect growing investor confidence, fueled by macroeconomic uncertainty, fiat currency weakness, and continued interest in crypto as a hedge against inflation and…
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The market reaction has left bearish traders reeling. Crypto analyst Miles Deutscher commented on X, formerly Twitter, saying, “Bears in disbelief.
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Popular trader Daan Crypto Trades described it as a “massive short squeeze on BTC and ETH,” indicating that leveraged positions were overly tilted to the downside, leaving…
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Meanwhile, trader Velo pointed out the emotional toll of the liquidation, stating, “Lots of emails are being sent,” suggesting that many traders were receiving margin call or…
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Bitcoin’s rally is also being linked to broader macroeconomic trends. The U.S. Dollar Index has dropped nearly 11% in the first half of 2025—the worst start to a year since 1973.
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