Bitcoin Pumps as Fed Signals Rate Pause, $415 Million in Shorts Get Rekt

Bitcoin surges after Fed Governor Christopher Waller signals a possible pause in rate hikes, prompting a broad rally that lifts both stocks and crypto; the cryptocurrency market sees $415 million of short positions liquidated, intensifying buying pressure. The short squeeze fuels a sharp price jump, reinforcing bullish sentiment and suggesting further upside potential across digital assets.