Bitcoin Jumps to $86,306 as Altcoins Rally on Short Liquidations
- —BTC at $86,306, up 6.32% on the day, market share 58.88%
- —XRP $1.55 (+9.91%), DOGE $0.10 (+14.54%) lead gains
- —Over $600 million in shorts liquidated, $300 million in XRP alone
- —ZEC slips 3.1% to $1,468 after recent rally
Why it matters: The short squeeze revived the market after a geopolitical slump; holding above $86,000 will determine the next leg higher.
Source: Digital Today