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GateUser-52241ed6

2026-05-04 12:40:02

ETF inflows support the market, but the underlying demand is as fragile as paper. How far can this rally go?

View Original

CryptoFrontier2026-05-04 06:21:57

Bitcoin Tops $80k on Short Squeeze, Triggers $370M Liquidations

Bitcoin rose above US$80,000 on May 4, driven by a short squeeze in crypto derivatives, according to CoinDesk. The rally triggered approximately US$370 million in liquidations over 24 hours, including roughly US$301.9 million from short positions, according to CoinGlass, a crypto market data provide

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