XRP Rises as $300M in Shorts Liquidated and Bitcoin Tops $84,000
- —Bitcoin broke above $84,000, accelerating the market's daily gains
- —About $300 million in short positions were liquidated
- —XRP rallied as part of the broader short squeeze
Why it matters: The short squeeze adds momentum, but also raises the risk of a sharp pullback if demand fades.
Source: Google News (crypto query)