The Coin Detective
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1990
Market cap:
$ 2802.72B
Volume 24h:
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BTC dominance:
56.3%

Bitcoin Price USD Rises Above $63,800 as Short Squeeze Fuels Rally

By https://coinpedia.org/ on August 4, 2026

The post Bitcoin Price USD Rises Above $63,800 as Short Squeeze Fuels Rally appeared first on Coinpedia Fintech News Bitcoin price USD climbed 1.71% to around $63,818, outperforming the broader crypto market as a derivatives-driven short squeeze forced traders to cover bearish positions. More than $75.5 million in Bitcoin positions were liquidated over the past 24 hours, with shorts accounting for 65% of the total. The rebound was also supported by improving market sentiment …

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