Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Briefly

from Coindesk8 months ago
Bloomberg analysts revised the approval odds for a U.S. spot ETH ETF to 75%, lifting market sentiment and fueling ETH's over 19% surge to $3,700.
Coindeskhttps://www.coindesk.com/markets/2024/05/21/bitcoin-surges-over-71k-as-ether-etf-hopes-lead-to-260m-in-short-liquidations/
The surge led to $260 million in market-wide short liquidations, mainly in ETH and BTC, with Binance logging the largest liquidations of over $130 million.
Coindeskhttps://www.coindesk.com/markets/2024/05/21/bitcoin-surges-over-71k-as-ether-etf-hopes-lead-to-260m-in-short-liquidations/
Read at Coindesk
#ether-etfs #cryptocurrency-market #short-liquidations #market-sentiment #institutional-capital
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