{"id":149932,"date":"2026-04-13T23:52:37","date_gmt":"2026-04-13T23:52:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=149932"},"modified":"2026-04-13T23:52:37","modified_gmt":"2026-04-13T23:52:37","slug":"bitcoin-price-skyrockets-6-near-75000-as-short-liquidations-accelerate","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=149932","title":{"rendered":"Bitcoin Price Skyrockets 6% Near $75,000 as Short Liquidations Accelerate"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Skyrockets 6% Near $75,000 as Short Liquidations Accelerate<\/a><\/p>\n

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Bitcoin price surged more than 5% in the evening of April 13, climbing near the $75,000 level and marking its strongest intraday move in a couple weeks as traders reacted to a mix of macro pressure and technical positioning.<\/p>\n

The rally follows several days of choppy trading<\/a>, with bitcoin price holding a tight range between roughly $68,000 support and $75,000 resistance amid geopolitical tension tied to U.S.\u2013Iran developments<\/a> over the last several weeks.\u00a0<\/p>\n

Earlier in the week, the asset slipped<\/a> toward $70,000 after the collapse of diplomatic talks and a U.S. naval blockade in the Strait of Hormuz, which drove oil prices higher and weighed on risk assets.<\/p>\n

The move also comes as broader markets remain under strain. Oil prices have surged above $100 per barrel following escalating tensions<\/a> in the Middle East, while expectations for near-term Federal Reserve rate cuts have diminished amid persistent inflation. Despite these headwinds, bitcoin has shown resilience, holding above $70,000 for most of the past week.<\/p>\n

Bitcoin price and Strategy\u2019s accumulation<\/h2>\n

Bitcoin price started the day trading near $70,000 and skyrocketed into Monday\u2019s close. Analysts had flagged a large cluster of leveraged short positions above the $72,000\u2013$73,500 range, creating conditions for a rapid upside move once resistance levels broke. As prices pushed higher through that band, liquidations accelerated the rally, sending bitcoin price toward the top of its multi-week range.<\/p>\n

On top of this, Strategy\u2019s STRC at-the-market (ATM) program reached a new milestone on April 13, 2026, as its preferred stock recorded<\/a> over $1 billion in single-day trading volume, with all activity occurring above the $100 par value required to trigger share issuance.\u00a0<\/p>\n

This enabled the company to run its ATM program at full capacity throughout the session.<\/p>\n

Based on tracker estimates from Bitcoin for Corporations<\/em>, the volume generated roughly $796 million in proceeds in a single day, funding the potential purchase of about 10,834 BTC at an average price near $73,400.\u00a0<\/p>\n

That figure represents more than 24 times the daily Bitcoin mining supply following the most recent halving.<\/p>\n

The surge follows a confirmed $1.001 billion in net ATM proceeds for the week of April 6\u201312, according to a recent SEC filing.\u00a0<\/p>\n

During that period, Strategy acquired<\/a> 13,927 BTC at an average price of $71,902. The firm\u2019s capture rate \u2014 the share of eligible trading volume converted into proceeds \u2014 climbed to 81%, up from 45% in early March, reflecting more aggressive execution and strong market demand.<\/p>\n

Recent weeks show a clear acceleration, with multiple billion-dollar periods and rising efficiency in capital deployment. Monday alone approached 80% of the prior week\u2019s total proceeds, putting the current week on pace to become the largest in the program\u2019s history.<\/p>\n

Strategy now holds approximately 780,897 BTC, acquired at a total cost of about $59 billion. The STRC ATM program has generated more than $3.5 billion in proceeds to date, reinforcing the company\u2019s position as the largest corporate holder of Bitcoin and signaling continued expansion of its accumulation strategy.<\/p>\n

This post Bitcoin Price Skyrockets 6% Near $75,000 as Short Liquidations Accelerate<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Skyrockets 6% Near $75,000 as Short Liquidations Accelerate Bitcoin price surged more than 5% in the evening of April 13, climbing near the $75,000 level and marking its strongest intraday move in a couple weeks as traders reacted to a mix of macro pressure and technical positioning. The rally follows several […]<\/p>\n","protected":false},"author":0,"featured_media":149933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-149932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/149932"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=149932"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/149932\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/149933"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=149932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=149932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=149932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}