CryptoGlobe
2023-12-08 03:13:00

Short Sellers Lose Over $6 Billion as Bitcoin and Crypto Stocks Soar

The price of the flagship cryptocurrency Bitcoin (BTC) has moved up more than 23% over the past month and over 160% year-to-date in sharp moves that helped cryptocurrency-related stocks recover amid renewed optimism. As cryptocurrency-related stock prices grew, short sellers lost over $2.6 billion in less than three months and a total of at least

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