Bitcoin blasts past $75K: $3.5B short squeeze, record ETF inflows, and DC buying talk
Bitcoin tore out of a six-week range, spiking ~9% to cross $75,000 in a day and liquidating roughly $3.4 billion in short positions. The fuel was real money, not just momentum: US spot Bitcoin ETFs logged their strongest net inflow in three months on sustained institutional demand. Ethereum jumped over 26% on the week, major altcoins rallied up to 29%, and reports that Washington discussed buying "sizable" amounts of BTC added spark.