Chainshorts
Bitcoin

Bitcoin Hits $79,000 as a 4,362% Liquidation Imbalance Confirms a Massive Short Squeeze

Bitcoin Hits $79,000 as a 4,362% Liquidation Imbalance Confirms a Massive Short Squeeze

Bitcoin surged to $79,214, driven by a 4,362% liquidation imbalance indicating a massive short squeeze. With 97.7% of losses in short positions, analysts see potential for Bitcoin to reach $96,600 as bullish momentum continues. The rally reflects strong buying pressure amid market volatility, signaling a positive outlook for Bitcoin's near-term growth.

Read to earn +1
Share on XShare on Telegram

More in Bitcoin

Bitcoin

20+ Best Bitcoin & Crypto Casinos Peru: Our Top Picks Reviewed

The article reviews over 20 top Bitcoin and crypto casinos in Peru, highlighting the best options for players. While specific amounts or dates are not provided, the review emphasizes thorough testing of casinos accepting Peruvian players, focusing on game selection and overall quality. The guide aims to help users navigate the crowded crypto casino market in Peru.

CoinCentralApr 23source ↗
Bitcoin

Bitcoin's bullish momentum runs into Pentagon-backed inflation warning

On April 23, 2026, Bitcoin's recent bullish momentum faced a setback after a Pentagon-backed inflation warning. The U.S. Department of Defense issued concerns about rising inflation, which impacted Bitcoin's price stability. Despite the positive trend earlier in the month, market sentiment shifted following the warning, highlighting ongoing tensions between crypto growth and macroeconomic risks.

CoinDeskApr 23source ↗
Bitcoin

A New Phase For XRP? Integrations Keep Rolling In Across The Ecosystem

Major platforms like Binance, Bitget, Rakuten Wallet, and Exodus are expanding XRP and XRP Ledger support across payments, exchanges, and custody tools, signaling increased independent adoption. Binance integrated Ripple’s stablecoin RLUSD on the XRP Ledger in February, with new trading pairs. The ongoing integrations highlight growing ecosystem activity outside Ripple’s direct products, boosting XRP’s utility and visibility.

NewsBTCApr 23source ↗
Bitcoin

The DAT collapse: Pantera wants Satsuma to dump its bitcoin as shares crash 99%

Pantera Capital has urged Satsuma Technology, listed in London, to liquidate its remaining bitcoin holdings following a 99% share price crash. The firm recommends returning the proceeds to shareholders amid the ongoing collapse of the DAT project. The move highlights concerns over the company's financial stability and the impact of the crypto downturn on its assets.

CoinDeskApr 23source ↗
Bitcoin

Why Bitcoin Price Stuck at $79K, Michael van de Poppe Explains

Bitcoin remains stuck near $79,000 as traders watch key support levels. Michael van de Poppe explains that if $75,000 holds, Bitcoin could rally to $85,000-$88,000 in the next weeks. The recent 6% weekly rise pushed Bitcoin into a resistance zone, with traders eyeing further gains if support levels stay intact.

CoinpediaApr 23source ↗
All Bitcoin