Bitcoin posted a 0.8% gain, trading between $63,300 and a session high of $64,360, while holding support above $63,500 and keeping market cap at $1.29 trillion. A sudden rally triggered a heavy short squeeze, wiping out $35 million in short positions. Bitcoin Defends $63,500 Support Bitcoin oscillated between $63,300 and $64,300 on Tuesday amid reports…
Bitcoin posted a 0.8% gain, trading between $63,300 and a session high of $64,360, while holding support above $63,500 and keeping market cap at $1.29 trillion. A sudden rally triggered a heavy short squeeze, wiping out $35 million in short positions. Bitcoin Defends $63,500 Support Bitcoin oscillated between $63,300 and $64,300 on Tuesday amid reports […]
Source: https://news.bitcoin.com/market-updates/btc-hits-64360-but-bitfinex-warns-of-downside-risks/







