Bitcoin and Ether bears get decimated amid ‘squeeze-led’ rally and Musk’s X wants to pay creators in stablecoins: Crypto week in 5 stories

Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins. Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and technology companies pushed deeper into stablecoins.