Bitcoin hits 8-month high amid millions in short liquidations

macro

Bitcoin reached an eight-month high as a sharp price rally triggered millions of dollars in short-position liquidations. The forced closures added momentum to the upward move, highlighting elevated leverage and the risk of further volatility. The rally signals strengthening near-term bullish sentiment, but the liquidation-driven advance may leave Bitcoin vulnerable to abrupt pullbacks.

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https://news.google.com/rss/articles/CBMif0FVX3lxTE40bWgwQnV4UVdaQmt6cHVtRkxmcVFCZFZyYVUxdVVkdlUxdG50VUxtVk1xMHlBSkJMRFpybF9kcTM1dEZnOHlLbHdJVmp5Q3BRcWpVTUhiN3JHTkN3ZG9SMHJpVlpvN1hZdzFlVW1wbkpIbTNvek5uNlE1NFZPaGc?oc=5

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