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Bitcoin, Ethereum, Dogecoin Suddenly Pump Wiping Over $70M In Shorts: Analyst Says, 'Welcome To Uptober', Foresees King Crypto Marching Towards $40K Easily

Summary by Ground News
The price of Bitcoin and Ether surged nearly 4% in just a 15-minute window. The rapid uptick saw $70 million in short positions liquidated in just two hours. The sudden movement has left most in the community scratching their heads. Many commentators said the move aligned with the arrival of Uptober.

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BenzingaBenzinga

Bitcoin, Ethereum, Dogecoin Suddenly Pump Wiping Over $70M In Shorts: Analyst Says, 'Welcome To Uptober', Foresees King Crypto Marching Towards $40K Easily

Major cryptocurrencies experienced a substantial increase in value on Sunday evening, as over $100 million was unexpectedly liquidated due to a surprise surge in the price of Bitcoin. 

·New York, United States
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CointelegraphCointelegraph

Is Uptober here? Bitcoin, Ethereum suddenly pumps, wiping $70M in shorts

The price of both Bitcoin and Ethereum briefly surged nearly 4% in 15 minutes on Oct. 1, leading market commentators to declare that “Uptober” had officially commenced.

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Cointelegraph broke the news in on Monday, October 2, 2023.
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