Bitcoin jumped 8% and leveraged shorts got caught
Published: August 20, 2026
Duration: 5:38
Bitcoin jumped 7.9% to $69,249 and Ether 19.3% as Treasury buybacks pushed money back into risk assets. Leveraged shorts got caught. Stablecoin supply is flat, so treat it as a bounce, not a turn.
Today's key developments:
• Nethermind quit LayerZero's verifier network and joined Chainlink.
• Jim Chanos says there's still $80B of arbitrage in shorting MSTR.
• Base App launched Hyperliquid-powered perps with up to 50x leverage.
📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bitcoin-jumped-8-and-leveraged-shorts-got-caught-aug-19-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast
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Today's key developments:
• Nethermind quit LayerZero's verifier network and joined Chainlink.
• Jim Chanos says there's still $80B of arbitrage in shorting MSTR.
• Base App launched Hyperliquid-powered perps with up to 50x leverage.
📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/bitcoin-jumped-8-and-leveraged-shorts-got-caught-aug-19-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast
🔔 Subscribe for daily crypto marke...