23/4/2025, 2:25:04 pm

Bitcoin, Ether, Dogecoin Surge Spurs $500M in Short Liquidations

Futures bets against crypto prices lost over $500 million in 24 hours as prices surged, driven by optimism over easing U.S.-China trade tensions. Bitcoin rose from $88,000 to $93,500, with ether, ADA, and DOGE up 14%. Liquidations totaled $530 million, with Bybit, Binance, and Gate accounting for most losses.