Bitcoin tops $72K and Solana touches $88 as $2.74B in shorts are liquidated
Bitcoin rose above $72,000 and Solana reached $88, triggering about $2.74 billion in short liquidations. A broader market rebound was supported by U.S. Treasury buyback operations. The rally was also fueled by $517 million in net inflows into Bitcoin ETFs in a single day and former President Donald Trump’s supportive stance toward the crypto industry.