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Fading QuicklySnapshot Window: 2026-08-20 10:30 UTC ยท โ Back to Crypto Overview
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#Bitcoin has surged over $69,000 with a daily 6% rise, reaching levels not seen since early June. According to 21Shares data: โข $1.5 billion in short positions were liquidated. โข During the short squeeze, $700 million in buying occurred within one minute. $BTC
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AI visual note: A Binance candlestick chart of BTC/USD shows Bitcoin surging from a low of 61,286.9 on 08/02 to a high of 70,450.0 on 08/21, with a sharp rally culminating in a dramatic green candle spike on 08/19, visually capturing the short squeeze event that pushed prices past $69,000.