Bitcoin Price Skyrockets 6% Near $75,000 as Short Liquidations Accelerate
By Micah Zimmerman
Bitcoin's price surged more than 5% on April 13, climbing near $75,000, driven by accelerated short liquidations after breaking $72,000–$73,500 resistance levels amid choppy trading. The rally persisted despite geopolitical tensions from U.S.-Iran developments and oil prices surging above $100 per barrel. Strategy's STRC ATM program hit a milestone with over $1 billion in volume, generating ~$796 million in proceeds to potentially buy 10,834 BTC.
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