Twitter Erupts As Bitcoin Price Rockets 6% Higher, Reclaims $7,200

Wow. After plunging by 3.5% to $6,850, Bitcoin (BTC) mounted a strong comeback over recent minutes. TradingView indicates that over the past hour, the cryptocurrency has surged some $400, or 6%, tapping $7,250 before retreating to $7,200, which is where the price of Bitcoin is attempting to stabilize now.According to cryptocurrency research and data firm Skew Markets, at least $16 million worth of short positions on BitMEX were liquidated in this massive surge higher.
What Happened With Bitcoin?