Bitcoin tops $72K after $280M liquidation targets bears: Will the ‘fragile truce’ hold?
By Cointelegraph by Marcel Pechman
Bitcoin surged above $72,000 following a $280 million liquidation event targeting bearish positions, driven by a global market rally after the US and Iran announced a ceasefire. Data shows most BTC bears have not closed their short positions despite the price jump. The market remains uncertain if this 'fragile truce' will hold.
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