BTC tops $74,000 and ETH nears $2,300 as nearly $300M shorts get liquidated

Bitcoin climbed above $74,000 on Monday morning, while Ethereum rose about 8% to nearly $2,300, pushing both assets to roughly six-week highs. CoinGlass data shows about $350 million in leveraged positions were liquidated, with almost $300 million tied to shorts and ETH short liquidations making up the largest share.