$BTC BREAKING: Bitcoin Smashes $73K - $90B Floods Into Crypto in Hours
Crypto markets just erupted. Bitcoin surged above $73,000, climbing 4.8% in just 15 hours and adding roughly $60 billion to its market capitalization.
At the same time, Ethereum exploded past $2,180, jumping over 6% and adding $15.2 billion in value.
The broader crypto market followed the momentum, with over $90 billion flowing into digital assets in less than a day. The rapid rally also triggered a massive short squeeze, liquidating nearly $200 million in bearish positions as traders betting against the market were forced to close their trades.
Sharp moves like this often happen when liquidity clusters get wiped out, sending price rapidly higher as shorts are liquidated and momentum traders jump in.
Is this the start of the next breakout rally… or just the opening move of a much bigger squeeze?
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