Bitcoin Shorts Lose $150M As BTC Poised for ‘Tremendous Upside’

“Bitcoin’s decisive rally signals the de facto start of a new bull market,” said Alex Adelman, founder at Lolli, in an email to CoinDesk. “Major price movements are being driven by sheer positive market sentiment and persistent bitcoin ETF inflows, which reached new daily highs with the day’s rally.”

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Cryptocurrencies: 15,156
Markets: 1,151
Marketcap: $ 3.01 T
24h Vol: $ 479.13 B
BTC Dominance: 56.53%