Bitcoin just surged past $75,000. Derivatives seem to be driving the rally.

Bitcoin's move, led by unwinding of shorts, has lifted the broader crypto market, with the CoinDesk 20 Index up 5%.

Early report Major update Updated Mar 17, 2026, 1:53 AM UTC

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Early report surfaced from CoinDesk 2h ago.

First seen Mar 17, 2026, 1:53 AM UTC Latest source Mar 17, 2026, 1:53 AM UTC

Update 1 2h ago

CoinDesk •published Mar 17, 2026, 1:53 AM UTC •fetched Mar 17, 2026, 2:00 AM UTC