Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Short Sellers Lose Over $6 Billion as Bitcoin and Crypto Stocks Soar

Short Sellers Lose Over $6 Billion as Bitcoin and Crypto Stocks Soar


CryptoGlobe
2023-12-08 03:13:00

The price of the flagship cryptocurrency Bitcoin (BTC) has moved up more than 23% over the past month and over 160% year-to-date in sharp moves that helped cryptocurrency-related stocks recover amid renewed optimism. As cryptocurrency-related stock prices grew, short sellers lost over $2.6 billion in less than three months and a total of at least


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.