USD / BTC
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$648 million in shorts wiped out in 24 hours. Bitcoin pushed past $87,300 on Sept. 21, and Santiment’s FOMO reading hit its highest in nearly two years.
The 10-year Treasury yield jumped 15bp to 5.11% on Sept. 23 after the hottest PMI since July 2021. Bitcoin wicked to $83,500, and about $280 million in longs were liquidated.