Bitcoin Hits $65,000, $56M in Leveraged Short Positions Liquidated in 24 Hours

BTC-0.06%
According to Coinglass, Bitcoin rose to $65,000 on Tuesday, up 0.5% on the day and over 2% for the week, with market cap near $1.3 trillion. The price surge triggered $56 million in leveraged short liquidations and $4 million in long liquidations over the past 24 hours, while broader market long liquidations totaled $108 million during the same period.
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