https://www.live-feeds.com/feed/bitcoin-and-ether-bears-get-decimated-amid-squeeze-led-rally-and-musk-s-x-wants-to-pay-creators-in-stablecoins-crypto-s-Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/bitcoin-and-ether-bears-get-decimated-amid-squeeze-led-rally-and-musk-s-x-wants-to-pay-creators-in-stablecoins-crypto-s-https://www.live-feeds.com/feed/bitcoin-and-ether-bears-get-decimated-amid-squeeze-led-rally-and-musk-s-x-wants-to-pay-creators-in-stablecoins-crypto-s-#u47106Mon, 24 Aug 2026 03:00:52 +0000Bitcoin's price has surged to nearly $80,000, driven by a 'squeeze-led' rally. The cryptocurrency market is experiencing a significant upswing, with Bitcoin and Ether leading the charge. This rally has resulted in the decimation of bears, with short sellers scrambling to cover their positions. The surge is also attributed to increased adoption and investment in cryptocurrencies.Why it mattersThe recent surge in Bitcoin's price is part of a larger trend of increasing adoption and investment in cryptocurrencies. The market has been experiencing a significant upswing, with man