Bitcoin Traders Tilt Bullish as Short Squeeze Looms While Chinese Memecoins Crash

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Bitcoin Traders Tilt Bullish as Short Squeeze Looms While Chinese Memecoins Crash

coindesk.com/markets/2025/10/10/crypto-markets-today

Bitcoin has bounced to over $121,000 from overnight lows under $120,000 alongside sharp gains in privacy coins such as ZEC and DASH.
Traders on decentralized exchanges continued to lean bullish, preferring out-of-the-money higher strike BTC and ETH calls. Most analysts retained…

This story appeared on coindesk.com, 2025-10-10 12:00:40.