DalsnaFinance

Ether and solana extend gains as a short squeeze lifts bitcoin toward $62,000

Crypto CoinDesk By Shaurya Malwa 03 Jul 2026 05:18 1 min read
Ether and solana extend gains as a short squeeze lifts bitcoin toward $62,000

Bearish traders lost $281 million in liquidations over 24 hours, nearly double the longs, as bitcoin pushed to its strongest level in two weeks. Ether is up almost 10% on the week and solana nearly 19% while a rebound in tech stocks eased the pressure from the AI trade.

Bearish traders lost $281 million in liquidations over 24 hours, nearly double the longs, as bitcoin pushed to its strongest level in two weeks. Ether is up almost 10% on the week and solana nearly 19% while a rebound in tech stocks eased the pressure from the AI trade.

Read the full story on CoinDesk → Opens the original article on www.coindesk.com

Summary aggregated from CoinDesk's public RSS feed. The full reporting belongs to CoinDesk — please read it on their site.