Bitcoin Price Surges by 9 Percent in Minutes. What Triggered the Move?
On June 18, within minutes, the bitcoin price climbed from $9,300 to over $10,500 across major crypto exchanges, triggering the entire market to recover swiftly. Analysts have generally attributed the abrupt surge in the bitcoin price to the occurrence of a short squeeze on margin trading platforms like BitMEX. Big Short Squeeze: Is It Sustainable […]
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Source: Bitcoin CNN