Crypto

PENGU Notches Double-Digit Gains as Bitcoin Hits $78K Amid $418M Liquidation Spree

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In brief

  • Bitcoin hit $78,000 on Wednesday, triggering $418 million in liquidations over 24 hours, with shorts accounting for $254 million.
  • Altcoins including PENGU and Cosmos have posted gains alongside Bitcoin
  • Sentiment has flipped bullish amid crypto market recovery, with Myriad users…

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