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The Business Brief THURSDAY, 20 AUGUST 2026
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Bitcoin’s Short Squeeze Leaves Rally Hunting for Real Buyers

1 source ·1 article ·3h ago

Bitcoin extended gains to beyond $72,000 on Thursday after a record squeeze forced bearish traders out of the market, but signs that fresh leveraged longs are replacing them remain limited.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·3h ago

Bitcoin’s Short Squeeze Leaves Rally Hunting for Real Buyers

Bitcoin extended gains to beyond $72,000 on Thursday after a record squeeze forced bearish traders out of the market, but signs that fresh leveraged longs are replacing them remain limited.