Bitcoin holds $76,000 after hawkish FOMC, $186M in shorts liquidated
- —$335.7 million liquidated in 24 hours, of which shorts accounted for $185.8 million (55.3%)
- —BTC liquidations totaled $81.9 million, 61% from shorts
- —ZEC rose 20.2%, with short liquidations at $49.4 million (89%)
- —Open interest rose 1.48% to $134.3 billion while volume fell 9.58%
Why it matters: BTC's resilience above $76,000 amid a hawkish FOMC points to buyer strength; a break above $76,800 could trigger a short squeeze toward $77,000+.
Source: Blockmedia