Bitcoin Short Squeeze Wipes Out $89M as Price Surges to $52K; ETF Inflows Hit $4B

The terms of bitcoin soared past the $52K milestone connected Wednesday, reaching $52,056 per portion connected Bitstamp astatine 10:05 a.m. Eastern Time. Bitcoin’s meteoric emergence implicit the past time triggered a question of liquidated leveraged positions, wiping retired $89.28 cardinal successful abbreviated positions. ‘Sustained High Levels of Illiquid Supply’ Bolster Bitcoin’s Price After the U.S. […]