![Crypto short sellers face $1.9 bn loss as Bitcoin surges](https://images.assettype.com/fortuneindia%2F2023-01%2Fabd7a3e6-90d8-4d6a-9cfa-369beff8c97d%2FCrypto_22.jpg?w=300&q=95)
Crypto short sellers face $1.9 bn loss as Bitcoin surges
Despite rally, total short interest has risen by $4.50 billion to $10.71 billion.
Despite rally, total short interest has risen by $4.50 billion to $10.71 billion.
Bitcoin is currently up 5.42% at $70,596.42; Ethereum price up 5.25%
Bitcoin records biggest single-day gain since October 2023; Ether follows with 1.87% surge