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Reading: Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
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allfrontnews > Blog > Business > Cryptocurrency > Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out
Cryptocurrency

Bitcoin breaks out of six-week range, tops $71,000 as $3 billion in shorts get wiped out

Last updated: August 20, 2026 12:46 pm
By allfrontnews
0 Min Read
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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.

Source: CoinDesk

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