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Bitcoin Price Surges Past $71,000 As Treasury Bond Buyback Sparks Short Squeeze

Blocknomi Published 20.08.2026 12:36

TLDR: Bitcoin price rose 11.50% in 24 hours, reaching $71,875.32 amid heavy short covering activity. Binance saw its strongest short squeeze ever, liquidating over $311 million in shorts quickly. Treasury…

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