$300 Million in Shorts Liquidated as BTC and ETH Rocket to 6-Week Peaks

Bitcoin’s price is on the move on Monday morning, surging to a six-week peak of just over $74,000. This might be rather unexpected as the weekend was quite eventful on the Middle East war front, as the US hit a key Iranian island, and legacy financial markets opened hours ago in reaction to the news. Many altcoins have produced even more impressive increases, including ETH, which has finally climbed above $2,20…