Bitcoin (BTC) rebounded above $81,000 on March 11 as US stocks’ futures sought relief from a brutal sell-off.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
BTC price bounces back amid calls for short squeeze
Data from Cointelegraph Markets Pro and TradingView showed daily BTC price gains approaching 4%.
New four-month lows had accompanied the previous day’s Wall Street trading session as recession fears sent risk-asset investors fleeing.
The S&P 500 and Nasdaq Composite Index…
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