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Bitcoin (BTC) Hits 8-Month High Above $87K in Short-Squeeze Rally

COINOTAG·September 22, 2026·1 min read
Bitcoin (BTC) Hits 8-Month High Above $87K in Short-Squeeze Rally

Bitcoin hit $87K, an 8-month high, as a short squeeze forced $844 million in liquidations. Strategy added 950 BTC, and spot ETFs flipped to inflows, fueling the rally. The move marked a significant recovery for the cryptocurrency after months of consolidation.

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