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Bitcoin.com 2023-10-24 16:30:13

Bitcoin’s Meteoric Rise to $35,000 Erases $232M in Short Positions in Just 24 Hours

On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto assets like bitcoin and ethereum

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