{"id":1030674,"date":"2026-08-22T11:42:08","date_gmt":"2026-08-22T06:12:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1030674"},"modified":"2026-08-22T11:42:08","modified_gmt":"2026-08-22T06:12:08","slug":"why-is-crypto-suddenly-rallying-bitcoin-jumps-20-as-2-7-billion-short-squeeze-hits","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/22\/why-is-crypto-suddenly-rallying-bitcoin-jumps-20-as-2-7-billion-short-squeeze-hits\/","title":{"rendered":"Why is crypto suddenly rallying? Bitcoin jumps 20% as $2.7 billion short squeeze hits"},"content":{"rendered":"<p>Bitcoin was on track to gain around 20% this week as of early Friday. The world\u2019s largest cryptocurrency has jumped sharply after several positive developments around the crypto market.<\/p>\n<p>Bitcoin was last trading at $75,343.01, compared with $62,836.88 at the start of the week. This shows how quickly the cryptocurrency has bounced back in just a few days, according to CNBC. The rise was not limited to Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin was on track to gain around 20% this week as of early Friday. The world\u2019s largest cryptocurrency has jumped sharply after several positive developments around the crypto market. Bitcoin was last trading at $75,343.01, compared with $62,836.88 at the start of the week. This shows how quickly the cryptocurrency has bounced back in just a few days, according to CNBC. The rise was not limited to Bitcoin.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-1030674","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1030674"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030674\/revisions"}],"predecessor-version":[{"id":1030675,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030674\/revisions\/1030675"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1030674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1030674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1030674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}