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BitcoinSource: Bitcoin.com News ·

Bitcoin Price Cracks $84K as $188 Million in Crypto Shorts Get Wiped Out

Bitcoin’s price punched through $84,000 on Wednesday, catching bearish traders off guard and helping wipe out $188 million in short positions across crypto markets. More than 71,000 traders faced liquidations as the leading crypto asset climbed toward $84,700, squeezing leveraged bets against it.

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