Bitcoin Price Surges by 9 Percent in Minutes. What Triggered the Move?

On June 18, within minutes, the bitcoin price climbed from $9,300 to over $10,500 across major crypto exchanges, triggering the entire market to recover swiftly. Analysts have generally attributed the abrupt surge in the bitcoin price to the occurrence of a short squeeze on margin trading platforms like BitMEX. Big Short Squeeze: Is It Sustainable […]

The post Bitcoin Price Surges by 9 Percent in Minutes. What Triggered the Move? appeared first on CCN Markets

Source: https://www.ccn.com/news/bitcoin-price-surges-by-9-in-minutes-what-triggered-the-move/2019/07/18/

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