
Fed holds rates, bitcoin recovers to $81K as short liquidations fuel bounce
- —BTC +0.72% to $81,253; ETH +1.03% to $2,368; SOL +1.83% to $102.92
- —Session liquidations topped $167 million, with shorts at about $110 million (66%)
- —Bitcoin liquidations totaled $58 million, over $46 million of them shorts
- —PEPE jumped 13.5%; Fear & Greed index stood at 46 (neutral)
Why it matters: Short squeezes amplified the rebound, but the key question is whether BTC can break out of the $80K–$82K range after Friday's options expiry.
Source: Blockmedia