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Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History

Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History Bitcoin surpassed $70,000 for the first time in over two months, propelled by US Treasury Secretary Scott Bessent’s 'Operation Twist'-like move pushing US bond yields (and the dollar) lower followed by a high-stakes meeting President Trump held with crypto industry leaders. “When yields drop and the dollar weakens, risk assets tend to rally, and we’ve already seen Bitcoin move higher on the news,” said Jeff Mei, chief operating officer at BTSE. This morning, bitcoin has extended those gains, tagging $72,000... And Ethereum...
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