Tag: positions

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Bitcoin Bulls Target $93.5K As Short Positions Turn Into A Magnet

Bitcoin pulled back from its intraday highs after the US Federal Reserve declined to cut interest rates, but futures market data suggests traders may...

Bitcoin and ether's sharp 'mechanical' breakouts liquidate nearly $700 million short positions

Bitcoin's breakout above $95,000 rejuvenated risk appetite, with one market strategist saying that the crypto rally has legs.