Bitcoin
Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply.
Bitcoin grabs 77% of $1.3 billion crypto fund surge as BlackRock leads the rebound
Ethereum also accelerated on complete days while Solana lagged, and key Aug. 19 issuer rows remain missing.
Bitcoin rally has further to run. But $100k?
Bitcoin traders are betting the cryptocurrency has further to run this month, but few see a return to six figures, according to prediction market Polymarket. The market, which asks what price Bitcoin will hit in August and resolves on 1 September, put the odds of the token reaching $100,000 at just 1%.
BTC Nears $72K as Altcoins Surge and Short Sellers Lose $3B
Driven by a U.S. Treasury announcement and bullish comments from President Donald Trump, bitcoin hit a session high of $71,992, pushing its market cap to $1.44 trillion. Bitcoin Nears $72,000 as Macro Rally Gains Steam Bitcoin maintained its upward momentum Thursday morning, approaching $72,000 as a rally sparked by a U.S.
Bitcoin Blows Past $70,000 as Nearly $3 Billion in Shorts Are Liquidated
Bitcoin's first push above $70,000 in two months has erased nearly $3 billion in short positions, powered by a Treasury buyback expansion.
Crypto short liquidations pass $3B mark as Bitcoin price nears $72K
Bitcoin approached $72,000 in a second day of upside as crypto short liquidations passed $3.1 billion.
Will rising profit and loss realization stall Bitcoin's latest rally?
Bitcoin's latest price hike has raised a few very interesting questions.
The Treasury buyback trade: how $4 billion in bond operations moved Bitcoin 8% in a day
The U.S. Treasury doubled its long-end buyback operations on Aug. 19, compressing yields and triggering the largest single-day crypto rally since March. This is the plumbing story nobody else traced.
Bitcoin (BTC) Price: Jumps 8.7% to $69,749 in Sharpest Rally Since March
Bitcoin surged 8.7% to $69,749 after a Treasury bond-buyback plan sparked over $1 billion in short liquidations.
Trump wants the US to become a Bitcoin whale, but Congress controls the wallet
President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded program for multibillion-dollar open-market purchases.
Bitcoin may offer an escape from the dollar's reserve currency trap: Forbes
Bitcoin has been presented as a possible neutral reserve asset after an old video of U.S. Vice President JD Vance resurfaced in which he questioned whether the dollar's reserve currency status ultimately benefits the United States.
‘Buckle Up'—The Real $40 Trillion Reason Why A Massive Bitcoin Surge Could Be Just Beginning
Bitcoin has suddenly surged by more than 10% over the last 24 hours
