Bitcoin had swung wildly between gains and losses in December while reaching a record high of almost $20,000 before crashing. Bitcoin had swung wildly between gains and losses in December while reaching a record high of almost $20,000 before crashing. Bears had amassed record shorts of more than 38,000 Bitcoin as of yesterday on trading platform Bitfinex, according to data compiled by TradingView. Short positions plunged to about 25,000 Bitcoin on Thursday. Evercore ISI’s Rich Ross says Bitcoin looks attractive after its jump.

Source: Mint April 13, 2018 04:52 UTC