- Bitcoin shows mild recovery above $77,000 on Thursday, easing downside pressure on altcoins.
- Mild recovery wipes out over $180 million in crypto shorts, signaling a near-term tilt toward the buy side.
- Hyperliquid, Dash, and Zcash are leading the rally over the last 24 hours.
Bitcoin (BTC) is trading above $77,000 at press time on Thursday, easing downside pressure amid the wipeout of $180 million in crypto shorts over the last 24 hours. In the same period, Hyperliquid (HYPE), Dash (DASH), and Zcash (ZEC) led the broader market rally on intense Exchange Traded Fund (ETF) inflows and renewed demand for privacy coins.
Mild recovery in Bitcoin eases broader market stress
Bitcoin trades above $77,000 on Thursday, extending gains from the previous…
