Bitcoin Tops $65,500 as $209 Million in Crypto Shorts Collapse Across Markets

AI Summary Fueled by positive economic data, bitcoin added to its July 14 gains on Wednesday to breach $65,000, hitting an intraday peak of $65,518 and driving its market cap past $1.3 trillion. Leveraged Shorts Wiped Out in Derivatives Flurry Building on a recovery that wiped out Monday’s losses, bitcoin comfortably surpassed the $65,000 threshold on Wednesday. […] fulltext: 363 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/bitcoin-tops-65500-as-209-million-in-crypto-shorts-collapse-across-markets/ Source: Bitcoin.com News