bitcoin
3 min read
Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Wire Report via CoinDesk
2LAR Wire Desk (CoinDesk)
Syndicated Wire Desk • Published 2026-08-20
🎧
2LAR Executive Audio Briefing
Listen to Audio Wire Breakdown
2LAR AI Audio Briefing
Listen to 60-Second Audio Report
Six weeks of compression ended in the largest short liquidation since at least 2021, with $3 billion of bearish bets forced to buy back into thin supply....
Real-time digital asset intelligence report synthesized from live wire distributions covering global market trends, network protocol upgrades, and regulatory developments.
Original Wire Sourcing
Syndicated from CoinDesk. Read the full original report at CoinDesk Wire.