Bitcoin Hits $72,850 as Traders Lose $650M in Shorts

AI Summary Bitcoin surged past $72,000 to a session high of $72,850, gaining approximately 14% over four days and raising its market capitalization to $1.45 trillion. Intraday Price Action and Breakout Bitcoin’s unrelenting surge showed no signs of abating Thursday afternoon as the top cryptocurrency capitalized on pro-crypto sentiment from a White House meeting. Market data shows […] fulltext: 382 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/market-updates/bitcoin-hits-72850-as-traders-lose-650m-in-shorts/ Source: Bitcoin.com News