Bitcoin Smashes $79K in Bullish Weekend Pump, With $280M Bearish Bets Liquidated

By Yahoo! Finance | Nov 10, 2024 at 01:05 AM EST

Bitcoin surged above $79,000 for the first time, leading to a weekend pump that liquidated $280 million in bearish crypto trades. This rise was driven by positive events like Trump's election and Fed rate cuts, indicating broad retail investor interest.

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