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Bitcoin Hits $72,850 as Traders Lose $650M in Shorts

Key Takeaways Bitcoin surged 14% over four days to a session high of $72,850, lifting its market cap to $1.45 trillion. Pro-crypto White House meetings and Treasury policy shifts sparked $1.59 billion in short bets liquidated. Market strategists expect Scott Bessent’s expanded Treasury bond buybacks to spur further crypto momentum. Intraday Price Action and Breakout…

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