{"id":645387,"date":"2026-08-19T15:50:51","date_gmt":"2026-08-19T15:50:51","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=840590"},"modified":"2026-08-19T15:50:51","modified_gmt":"2026-08-19T15:50:51","slug":"bitcoin-rips-toward-70k-as-1-3b-short-squeeze-erupts","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/19\/bitcoin-rips-toward-70k-as-1-3b-short-squeeze-erupts\/","title":{"rendered":"Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-rips-toward-70k-as-1-1b-short-squeeze-erupts-768x432.png\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" style=\"float:left;margin:0 15px 15px 0\" \/>Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The move unfolded rapidly during late morning U.S. trading. Bitcoin had spent weeks largely trapped between about $61,500 and $65,000, leaving volatility unusually low and traders [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a cascade of forced short liquidations turned weeks of quiet trading into a sudden run toward $70,000. The move unfolded rapidly during late morning U.S. trading. Bitcoin had spent weeks largely trapped between about $61,500 and $65,000, leaving volatility unusually low and traders [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":645388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-645387","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/645387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=645387"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/645387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/645388"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=645387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=645387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=645387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}