Bitcoin Short Sellers Caught Off Guard in New White House Move

Over $530 million in Bitcoin BTC BTC - $73264.889 short positions were liquidated today as the White House nominated pro-Bitcoin Kevin Warsh as Federal Reserve Chairman, triggering a broad crypto market rally.

Source: beincrypto.com

Related symbols: BTCUSD

2026-03-04 18:29:05 GMT.

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Price & Market Data

Price: $73264.889

Volume 24h: $73,696,494,911.20

Market Cap: $1,465,138,869,700.30

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,997,625. The last known price of Bitcoin is 71,830.48850404 USD and is up 8.10 over the last 24 hours. It is currently trading on 12570 active market(s) with $58,110,939,500.68 traded over the last 24 hours. More information can be found at https://bitcoin.org/.