
Bitcoin climbs to $81.5K as $146M in shorts get liquidated
- —$173.7M liquidated in 24 hours, 84% of it shorts
- —BTC liquidations totaled $54.6M, 94% shorts
- —ETH at $2,360, SOL +2%, DOGE +3.5%, HYPE +4.5%
- —Analysts watch the 50-day average near $81,940
Why it matters: Forced short covering adds buying pressure and can fuel a short squeeze, though the Fed decision will set the tone.
Source: Newsbit