Bitcoin Explodes Past $10,000 For the First Time in Six Weeks: $50M Liquidated

WorldNews

Published

Bitcoin is back. Over the past few minutes, the asset has rocketed higher past $10,000 for the first time in approximately six weeks. At the local highs, the asset reached $10,150 — and slightly higher on margin exchanges. BTC price chart from TradingView.com According to data shared by crypto derivatives tracker Skew.com, approximately $50 million worth of Bitcoin short positions have been purged on BitMEX. This is the largest liquidation event in many weeks since there...

Full Article