{ "id": 71931, "date": "2026-04-15T09:15:00", "date_gmt": "2026-04-15T02:15:00", "guid": { "rendered": "https:\/\/hbbgroup.net\/bitcoin-shorts-get-rekt-as-btc-jumps-above-75k-hitting-2-month-price-high\/" }, "modified": "2026-04-15T09:15:00", "modified_gmt": "2026-04-15T02:15:00", "slug": "bitcoin-shorts-get-rekt-as-btc-jumps-above-75k-hitting-2-month-price-high", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/bitcoin-shorts-get-rekt-as-btc-jumps-above-75k-hitting-2-month-price-high\/", "title": { "rendered": "Bitcoin Shorts Get Rekt as BTC Jumps Above $75K, Hitting 2-Month Price High" }, "content": { "rendered": "
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Bitcoin<\/a> continued to rise early Tuesday, topping a price of $75,000 and hitting its highest level since early February as bears betting against BTC and other leading cryptocurrencies saw rising short liquidations.<\/p>\n

The leading crypto asset was recently trading at $75,834, per data from CoinGecko, rising above the $75,000 mark for the first time since March 16. At that recent price, Bitcoin is at its highest level since the first days of February.<\/p>\n

Bitcoin is up 5.5% over the last day, putting up a more than 10% rise over the past week as other major coins show even larger gains during the same span.<\/p>\n

Ethereum<\/a>, for example, is up nearly 8% in the last 24 hours to a recent price of $2,384, rising more than 14% on the week. HYPE, the token of decentralized exchange Hyperliquid<\/a>, is up 22% this week to a recent price of $44, while privacy coin Zcash<\/a> (ZEC) is resuming its massive rise from last fall, up nearly 38% this week to $366.<\/p>\n

Crypto prices have been broadly down in the dumps in recent months, but Tuesday’s surge has led to a growing pile of liquidations, currently tallying over $600 million in the last day per data from CoinGlass<\/a>\u2014with the majority of those coming from short positions, or bets that an asset’s price will go down.<\/p>\n

Of that tally, over $488 million are shorts. Bitcoin liquidations tally $272 million in the last day, with $262 million of those coming from short positions, while Ethereum liquidations are next up at $140 million\u2014$121 million of which came from shorts.<\/p>\n

Major stock indices are also green early Tuesday, with crypto stocks like stablecoin issuer Circle (CRCL, up 11%) and Ethereum treasury firm Sharplink (SBET, up 10%) among the biggest gainers linked to the crypto world.<\/p>\n

What’s driving the surge<\/a>? Risk-on sentiment is growing as geopolitical chaos cools, thanks to a tentative ceasefire in the conflict between the U.S.\/Israel and Iran, plus there have been other positive indicators in the space.<\/p>\n

Crypto ETFs just had their best week since January<\/a>, while top Bitcoin treasury firm Strategy bought $1 billion in Bitcoin<\/a> on the back of its popular STRC preferred shares, and top Ethereum treasury BitMine Immersion Technologies just made its largest weekly ETH buy<\/a> since December.<\/p>\n

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