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

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

60-second summary

Stocks and crypto rallied together after Governor Christopher Waller said he could back holding rates steady, with short sellers absorbing the brunt of the squeeze.

Stocks and crypto rallied together after Governor Christopher Waller said he could back holding rates steady, with short sellers absorbing the brunt of the squeeze.