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Bitcoin Price Gains 25% in August as Short Squeeze Fuels Rally

Coinpedia·September 1, 2026·1 min read
Bitcoin Price Gains 25% in August as Short Squeeze Fuels Rally

Bitcoin rose 25.1% in August, climbing from $62,794 to $78,545, its third-best August. A short squeeze fueled the rally, with $5.8 billion in liquidations from August 17-21. August 19 saw a record $2.7 billion in short liquidations; monthly total reached $12.65 billion.

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