Event tracker · Crypto

Live updates: Bitcoin hits $85,000 as short liquidations hit $300 million in an hour

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Lead development · 9/21/2026, 8:39:26 AM UTC

Live updates: Bitcoin hits $85,000 as short liquidations hit $300 million in an hour

Crypto majors climbed alongside equity futures on Monday, with Monero's XMR up 13%, as Brent fell for a fourth straight session and traders positioned ahead of a Trump-Xi summit later this week.

Crypto · 9/21/2026, 10:30:00 AM UTC

Bitcoin hits $85,000 as short squeeze forces out $648 million of bearish bets

Open interest climbed 7.59% to $156 billion even as positions were closed out, a sign traders are chasing the move rather than stepping back.