Publicly available cryptocurrency market data, such as CoinMarketCap or CoinGecko

Bitcoin Surges to $57,500 with 3% Pump, $11.02M Shorts Liquidated

Sep 10, 2024, 02:30 PM

Bitcoin has experienced a significant price surge, reaching $57,500 as of September 10, 2024. This increase, which includes a 3% pump, has led to the liquidation of $11.02 million in Bitcoin short positions. Short-term Bitcoin holders have cashed out 14,816 BTC, equivalent to $850, during this price rise. The cryptocurrency community is optimistic, with some anticipating a further increase to $60,000. Earlier, Bitcoin had reached $56,000.