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Bitcoin Retests $70,000 as CoinGlass Shows $300M Shorts Liquidated
Bitcoin (BTC) moved back to $70,000 as the broader crypto market rebounded, with short positions seeing about $300 million in liquidations over the past 24 hours. Total liquidations in that window reached $325 million, while BTC later slipped to $69,502 but was still up 3.9% in 24 hours. Trading volume was reported up more than 105% to $34.9 million.