Bitcoin’s rapid price rally has caught traders off guard, triggering large liquidations of bearish short positions. The leading cryptocurrency by market value has risen over 3% to $102,500 in the past 24 hours, with prices topping $104,000 at one point, the highest since Jan. 31. The bullish move came as President Donald Trump announced a […]
Tokens associated with artificial intelligence (AI) fared worse than the biggest cryptocurrencies over the past 24 hours. The relative weakness comes amid unusual activity in put options tied to shares of Nvidia (NVDA), the chipmaker that on Monday said it will will start building its AI supercomputers in the U.S. While bitcoin (BTC), the largest […]