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Crypto News

$ 285 million in bitcoin shorts was wiped

During the past 24 hours, the Bitcoin price has risen to $ 93,000, which led to the liquidation of more than $ 285 million in short positions. This sharp upward movement caught many merchants, forcing the automatic closure of their bets on Bitcoin. The current BTC price is 93,642 dollars, its height during the day is 93,723 dollars and the lowest level of 88,027 dollars. The huge qualifiers highlight the risk of default in the volatile encryption market, especially as Bitcoin continues to outperform expectations.

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