Bitcoin's move, led by unwinding of shorts, has lifted the broader crypto market, with the CoinDesk 20 Index up 5%.
Bitcoin just surged past $75,000. Derivatives seem to be driving the rally.
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AI INSIGHT
Bitcoin surges past $75,000; derivatives exchanges record heavy short liquidations and unwindings, derivatives and on‑chain data show; CoinDesk 20 Index rises 5%.
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