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Biggest Jump in 3 Years: Bitcoin Burns Shorts as It Gears Up to Test $80,000
U.Today·August 24, 2026·1 min read
Bitcoin surged 23% to surpass $77,500, marking its biggest jump in three years, driven by $1.9 billion in ETF inflows. The cryptocurrency is now targeting the $80,000 resistance level, with short sellers facing significant losses as the market turns bullish.
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