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Daily Market Update Sep 22: Bitcoin Holds Above $85,000 as Short Squeeze Cools and AI Stocks Surge
Bitcoin stabilized above $85,000 after a sharp short squeeze wiped out over a billion dollars in bearish crypto positions, while a rally in AI-related stocks lifted broader markets across Asia. Short Sellers Take the Hit More than a billion dollars in crypto positions were liquidated over the past day, with the overwhelming majority coming from …
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About the author
8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.
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