Bitcoin surges past $76,000 as short sellers capitulate

Bitcoin surged past $76,000, reaching its highest level since February, driven by a squeeze on short positions.

Published 14sem9 sources✓ ConfirmedImportantupdated 4j

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The rally followed the release of modest U.S. inflation data that reassured markets.

Short-sellers were forced to liquidate positions rapidly, amplifying the price increase.

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