Bitcoin has recently experienced a strong rebound: on February 26, BTC briefly reached $69,000, then surged by 8%, pushing the overall market capitalization above $2.5 trillion. This rally is related to an insider trading lawsuit against Jane Street, with short-term short squeeze in the market, driven by whales and mainstream funds, leading to a collective rally of major cryptocurrencies such as Ethereum, Solana, and others.
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Bitcoin has recently experienced a strong rebound: on February 26, BTC briefly reached $69,000, then surged by 8%, pushing the overall market capitalization above $2.5 trillion. This rally is related to an insider trading lawsuit against Jane Street, with short-term short squeeze in the market, driven by whales and mainstream funds, leading to a collective rally of major cryptocurrencies such as Ethereum, Solana, and others.