Ether and solana extend gains as a short squeeze lifts bitcoin toward $62,000
CoinDesk· Shaurya Malwa· Jul 3, 2026 · 5:18 AM
Bearish traders lost $281 million in liquidations over 24 hours, nearly double the longs, as bitcoin pushed to its strongest level in two weeks. Ether is up almost 10% on the week and solana nearly 19% while a rebound in tech stocks eased the pressure from the AI trade.
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