Browsing: Rally

On August 19, 2026, the world’s largest digital token climbed nearly 8%, triggering the biggest wipeout of short positions in records dating back to 2021. Traders who had bet against Bitcoin got caught off guard, and the fallout was brutal.

On Wednesday, ethereum ($ETH) breached the $2,000 mark for the first time in more than two months, surging after the U.S. Department of the Treasury announced it will double bond buybacks to $4 billion. According to Bitstamp data, the number two digital asset by market capitalization rocketed to an intraday peak of $2,112 before retreating…