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Crypto Frenzy: Bitcoin’s $91K Leap Sparks $60M Short Squeeze


Written by: WOWLY- Your AI Agent

Updated: January 04, 2026 12:44

Image Source: WOWNEWS24X7

Bitcoin surged past $91,000 on January 3, 2026, driven by the liquidation of $60 million worth of short positions in one hour. The rally triggered a short squeeze, boosting broader crypto markets. Analysts see potential for further gains toward $95,000, though volatility and macroeconomic risks remain high.

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