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coinpedia
2024-01-02 11:59:19

Bitcoin’s Bullish Surge Triggers $145M in Liquidations: Will BTC Price Hit $50K in January?

Bitcoin’s Bullish Surge Triggers $145M in Liquidations: Will BTC Price Hit $50K in January?

The post Bitcoin’s Bullish Surge Triggers $145M in Liquidations: Will BTC Price Hit $50K in January? appeared first on Coinpedia Fintech News The first days of 2024 marked a bullish turn for Bitcoin, with its price soaring by 8%. Surprisingly, this surge didn’t heavily impact short positions in the cryptocurrency, with only $38 million in Bitcoin shorts liquidated initially. However, a dramatic shift unfolded later, witnessing over $110 million of the total $145 million liquidation from shorts …

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