BREAKING: Bitcoin has surged 3% in the last 3 hours, breaking back above the $70,000 level.
Ethereum is also following the move, rising 3.1% and now trading above $2,000.
In the process, the market just saw $55 million in short positions liquidated, forcing bearish traders out of their positions and adding fuel to the rally.
If momentum continues, this move could trigger even more short squeezes across the crypto market. 🚀
