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Bitcoin climbs to two-month high of $96,240 as altcoins surge and shorts get squeezed

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TL;DR:

Bitcoin climbed above $96,000 for the first time since November, triggering over $500 million in liquidations as altcoins outperformed and traders rushed to cover bearish bets.

Key Points:

  • Bitcoin climbs to two-month high of $96,240 as altcoins surge and shorts get squeezed - Yahoo Finance
  • Story reported by 3 sources including Bitcoin climbs to two-month high of $96,240 as altcoins surge and shorts get squeezed
  • Involves BTC, LTC cryptocurrencies

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.