Published Sep 21, 2026, 6:30 AM ET · Updated 2 months ago · 1 source

Bitcoin hits $85,000 as short squeeze forces out $648 million of bearish bets

CoinDesk
CoinDesk
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Original Report

Open interest climbed 7.59% to $156 billion even as positions were closed out, a sign traders are chasing the move rather than stepping back.