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BitcoinSource: Invezz ·

Bitcoin wipes out shorts but still can’t hold $85,000: what buyers are missing

Bitcoin surged above $85,500 after softer US inflation revived hopes that the Federal Reserve could delay further tightening, but the breakout faded quickly. BTC slipped back towards $84,000 on Thursday even after weeks of short liquidations cleared speculative positioning that had amplified moves higher.

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This headline and summary were published by Invezz. CryptoNewsroom did not write or verify this story and shows it only as a pointer to the original. See how we select sources. Nothing here is financial advice.

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