short squeeze

Bitcoin tops $80K after record $4B short squeeze

Bitcoin surged past $80,000 for the first time since May after a historic short squeeze wiped out more than $4 billion in bearish positions over a week-long breakout, driven by a U.S. Treasury policy shift that sent risk capital flooding…

Ethereum tops $2,300 as Treasury buyback sparks massive short squeeze

Ethereum surged roughly 18% on Wednesday, August 19, briefly topping $2,300 as a U.S. Treasury announcement sparked a broad crypto rally that cascaded into one of the largest short squeezes on record. More than $1 billion in Ethereum short positions…