Bitcoin closes in on $85,000 as bears get forced out
Bitcoin jumped past $84,000, as a wave of forced buying by squeezed short sellers pushed the price higher and lifted crypto-linked stocks with it.
September 21, 2026 (MLN): Bitcoin jumped past $84,000, as a wave of forced buying by squeezed short sellers pushed the price higher and lifted crypto-linked stocks with it. Currently, spot gold is up 3.56% to $84,225 an ounce as of [3:30 pm] PST, according to data reported by Mettis Global. Furthermore, $313mn in crypto positions were liquidated. Just over $300mn of that, roughly 96%, came from traders betting on a...