#trump #Bitcoin❗ #Binance #tradaing One of the biggest short liquidations 2026 wiped $593 million in bearish bets overnight. Saturday afternoon as Iran reportedly reversed the Hormuz reopening. What to know:

- Bitcoin surged above $78,000 in a sharp short squeeze after Iran declared the Strait of Hormuz fully open and Donald Trump claimed Tehran agreed to an unlimited suspension of its nuclear program. - The rally triggered about $762 million in crypto liquidations, mostly from short positions, with bitcoin accounting for roughly $382 million and ether $167 million, as funding rates had been negative for weeks.