Bitcoin climbs above $85K on short squeeze, ETF inflows accelerate

Bitcoin $BTC surged past $85,000 for the first time since January as a short squeeze forced out $648 million in bearish positions. Open interest climbed 7.59% to $156 billion, signaling traders are chasing the move rather than taking profits, according to CoinDesk data.

The cryptocurrency's advance reflects sustained ETF inflows and optimism that the crypto winter has ended, with analysts noting Bitcoin's breakthrough above its 50-week moving average—a historically bullish signal preceding major bull runs. #marche #derives #securite