Crypto short squeeze tops $3B as ether jumps 18%
August 20, 2026
Ether surged 18% to $2,250 and bitcoin neared $70,000 as short liquidations topped $3 billion.
Ether surged 18% to $2,250 and bitcoin neared $70,000 as short liquidations topped $3 billion.
Bitcoin rallied nearly 5% to $78,151 after Iran’s Foreign Minister confirmed the Strait of Hormuz would reopen during the remaining US-Iran ceasefire period.