The crypto market experienced a rapid move higher that triggered heavy short liquidations. The older report said Bitcoin climbed to $76,800 and Ethereum to $2,130, with Coinglass showing $103 million in total liquidations over the prior hour, including $89.81 million in shorts; Bitcoin accounted for $44.25 million and Ethereum for $38.61 million. A newer update reported that about $180 million in short positions were liquidated across the crypto market within 30 minutes, indicating an even stronger squeeze against bearish traders. While the later report did not provide an asset-by-asset breakdown or exchange details, both reports describe forced closures of bearish leveraged positions that can amplify upward price momentum.