Bitcoin climbs to two-month high of $96,240 as altcoins surge and shorts get squeezed

coindesk|Jan 14, 2026 00:21

Bitcoin climbed above $96,000 for the first time since November, triggering over $500 million in liquidations as altcoins outperformed and traders rushed to cover bearish bets.(Coindesk)

Mentioned

APP

Windows

Mac

Share To

Facebook

CopyLink

Share To

Timeline

Feb 12, 17:22Bitcoin's plunge hits El Salvador hard, threatening IMF agreement

Feb 12, 14:07Today's Bitcoin and Ethereum ETF net outflows in the United States

Feb 12, 07:51Bitcoin has historically bottomed below the 1130-day SMA.

Feb 12, 06:00Bitcoin whales are accumulating heavily during the price drop.

Feb 12, 05:40Bitcoin futures data suggests bears may challenge the $60,000 mark

Feb 12, 04:33Bitcoin spot ETF net outflow of $275.81 million

Feb 12, 03:54Bitcoin dropped by 25%

Feb 12, 02:54Bitcoin records the largest realized loss in history

Feb 12, 02:49Bitcoin records the largest realized loss in history

HotFlash

APP

Windows

Mac

Share To

Facebook

CopyLink

APP

Windows

Mac

Facebook

CopyLink

Bitcoin climbs to two-month high of $96,240 as altcoins surge and shorts get squeezed

Timeline

HotFlash

Hot Reads