Bitcoin Breaks US$ 74k and Liquidates US$ 3B in Short Positions
Bitcoin surged this Friday (21/08/2026) to US$ 74,457, driven by risk aversion over US debt and the search for protection. Nearly US$ 3 billion in short positions were liquidated in 24 hours, the highest volume since 2021, according to CoinGlass. The rally spread across the entire crypto market.