EconPulse Markets. Economy. Malaysia & The World. Mon, 21 Sep 2026
Crypto

Bitcoin hits $85,000 as short squeeze forces out $648 million of bearish bets

Bitcoin hits $85,000 as short squeeze forces out $648 million of bearish bets
Image: CoinDesk

Summary

Open interest climbed 7.59% to $156 billion even as positions were closed out, a sign traders are chasing the move rather than stepping back.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →