"Bitcoin Breaks $45K in Rally, Fuels Crypto Stocks and Liquidates Millions in Shorts"
TL;DR
Bitcoin's price has surged to nearly $46,000, the highest since March 2022, with over $133 million in short positions liquidated amid investor optimism for the potential approval of a spot Bitcoin ETF. The SEC is expected to decide on several Bitcoin ETF applications by January 10, which has been a decade-long anticipation by investors. The rally in Bitcoin's price has also positively impacted other cryptocurrencies, with notable gains in Solana (SOL), Ethereum (ETH), and various altcoins like ORDI and Astar Network (ASTR).
Topics:businessfinancecryptocurrency##bitcoin#cryptocurrency#etf#financecryptocurrency#marketsurge#shortliquidation
- Bitcoin Still Soaring on ETF Hype as $133 Million in Shorts Liquidated Decrypt
- Bitcoin tops $45,000 for the first time since April 2022 as crypto rally continues CNBC
- Bitcoin Price Bursts Above $45K; Sei Network's SEI Token Rallies CoinDesk
- Bitcoin soars past $45K for first time since April 2022 Fox Business
- Coinbase, MicroStrategy Rise as Bitcoin Rally Boosts Crypto Stocks Barron's
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