Crypto

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

Verified report from coindesk.com

NewsMatic brief

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.

NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.

Read the full report at coindesk.com

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