Crypto Rally Ignites: Bitcoin Leads Charge Past $68,500 as Shorts Get Squeezed

Bitcoin has made a stunning comeback. After dipping low earlier in the week, Bitcoin (BTC) surged past $68,500 in Wednesday’s U.S. trading session. This marks a strong gain of over 6% in just 24 hours. The rally signals the end of heavy bearish bets in the crypto market.

Altcoins Outshine Bitcoin: ETH Reclaims $2,000, DOGE and SOL Soar Over 10%

The Bitcoin bounce kicked off a wider rally across altcoins. Ethereum (ETH) jumped 10%, breaking back above the key $2,000 mark for the first time in a week. Other top performers included:

• Solana (SOL): Up more than 10%
• Dogecoin (DOGE) at $0.09290: Surged over 10%
• Cardano (ADA) at $0.2663: Gained more than 10%
• Chainlink…