Is short covering the only reason Bitcoin moved higher?

e27 - Nov 12, 2026

Bitcoin gained 0.73 per cent to US$73,937.65 in 24 hours, and Ethereum gained 0.519 per cent to US$2,053.91. The total crypto market rose 0.45 per cent. I read this move as a modest relief bounce after selling eased, not the start of a confirmed new trend. The figures support that view. Both assets moved with […] The post Is short covering the only reason Bitcoin moved higher? appeared first on e27.

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