Bitcoin Posts Biggest Daily Gain in 6 Months
Bitcoin (BTC) posts its biggest daily gain in six months as traditional market investors shrug off U.S. Federal Reserve Chair Jerome Powell's pro-liquidity tightening stance. The rapid price movement triggered over $103 million worth of BTC short liquidations on crypto exchanges Thursday due to margin calls, according to CoinGlass data. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
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### Response: Bitcoin (BTC) posts its biggest daily gain in six months as traditional market investors shrug off U.S. Federal Reserve Chair Jerome Powell's pro-liquidity tightening stance. The rapid price movement triggered over $103 million worth of BTC short liquidations on crypto exchanges Thursday due to margin calls, according to CoinGlass data. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.