Almost $600 million out of the $650 million in total are short positions.
In one of its most impressive rallies in about a year, bitcoin skyrocketed by double digits, charting a two-month high above $21,000.
It’s safe to say that the start of the year has been quite favorable for the cryptocurrency market. Bitcoin, for one, stood around $16,500 on January 1. After a quiet first few days, it began to add value and broke above $17,000 earlier this week. Polkadot , Shiba Inu , Ethereum , Cardano , Dogecoin , Polygon , and OKB are just some of the examples of double-digit price gainers.
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