Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated

Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated

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Source: Coindesk.com

Bitcoin (BTC) jumped above the $79,000 mark for the first time in history in an unusual weekend pump that liquidated $280 million in bearish crypto trades.

BTC rose 4%, extending 7-day gains to over 16% on the back of a week that saw Republican Donald Trump elected the U.S. president and Federal Reserve cutting rates by 25

Read More https://www.coindesk.com/markets/2024/11/10/bitcoin-smashes-79k-in-bullish-weekend-pump-with-280m-bearish-bets-liquidated/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated" appeared first here Coindesk.com.

Source: Coindesk.com

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