Bitcoin jumps past $85,400 as ETF inflows and short liquidations drive gains
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🚨 Bitcoin jumps past $85,400 in a sharp rally driven by ETF inflows and short liquidations.
💰 Over $593 million poured into US Bitcoin ETFs, while $787 million in crypto positions were liquidated.
🔁 Strategy Inc. boosted its Bitcoin holdings to 846,000 BTC, now valued at $71.9 billion.
📉 After the Fed rate hike, $BTC quickly rebounded from lows near $75,000.
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52m ago•
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