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Ether Jumps 18%, Bitcoin Tops $69K as $1.4B in Shorts Vanish

Ether Jumps 18%, Bitcoin Tops $69K as $1.4B in Shorts Vanish

The big movers

Bitcoin's climb past $69,000 grabbed the headlines, but ether's 18% jump to $2,250 was the week's standout. Most other major tokens also posted double-digit gains. Tron was the exception, missing the rally entirely.

The advance wasn't limited to the top coins. It was a broad move across the sector, with traders piling into risk assets.

Shorts get squeezed

Nearly $1.4 billion in short positions were wiped out over the week. When prices move this fast, short sellers are forced to buy back their positions to limit losses, which pushes prices even higher.

It's a classic squeeze, and it can be brutal. The speed of the move likely caught many off guard.

Treasury doubles buybacks

The U.S. Treasury said it will double its bond buyback program. The move injects more cash into the financial system, which tends to support riskier assets like crypto.

The timing is notable. With the rally already underway, the extra liquidity could extend the run, though it's unclear how much of this is already priced in.

Tron's failure to join the rally stands out, but for now, the broader market is moving higher.

We need to translate each paragraph. Keep HTML tags. Let's translate: First paragraph: "Ether jumped 18% to $2,250 this week, while Bitcoin topped $69,000, part of a broad rally that lifted nearly every major cryptocurrency into double-digit gains. The surge wiped out about $1.4 billion in short positions. The moves come as the U.S. Treasury doubled its bond buyback program, adding liquidity to markets." Translation: "Etheri u kërcye 18% në $2,250 këtë javë, ndërsa Bitcoin kapërceu $69,000, pjesë e një rritjeje të gjerë që ngriti pothuajse çdo kriptomonedhë kryesore në fitime dyshifrore. Rritja fshiu rreth $1.4 miliardë në pozicione short. Këto lëvizje vijnë ndërsa Thesari i SHBA-së dyfishoi programin e riblerjes së obligacioneve, duke shtuar likuiditet në tregje." Note: "kryptocurrency" - we can use "kriptomonedhë" or "kriptovalutë". We'll use "kriptomonedhë" for consistency. "short positions" - "pozicione short" or "pozicione të shkurta" but in Albanian crypto slang, "short" is often used. We'll say "pozicione short". "Treasury" - "Thesari" but we can say "Thesari i SHBA-së". "bond buyback" - "riblerje obligacionesh" or "blim obligacionesh". "doubled" - "dyfishoi". We'll refine: "Etheri u kërcye 18% në $2,250 këtë javë, ndërsa Bitcoin kapërceu $69,000, pjesë e një rritjeje të gjerë që ngriti pothuajse çdo kriptomonedhë kryesore në fitime dyshifrore. Kjo rritje fshiu rreth 1.4 miliardë dollarë në pozicione short. Lëvizjet vijnë ndërsa Thesari i SHBA-së dyfishoi programin e riblerjes së obligacioneve, duke shtuar likuiditet në tregje." We'll keep $1.4 billion as $1.4 miliardë. Now h2: "The big movers" - "Lëvizësit e mëdhenj" or "Lëvizjet e mëdha". Better "Lëvizësit kryesorë" or "Lëvizjet e mëdha". We'll use "Lëvizësit e mëdhenj". Paragraph: "Bitcoin's climb past $69,000 grabbed the headlines, but ether's 18% jump to $2,250 was the week's standout. Most other major tokens also posted double-digit gains. Tron was the exception, missing the rally entirely." Translation: "Ngjitja e Bitcoin-it përtej $69,000 tërhoqi titujt, por kërcimi i ether-it prej 18% në $2,250 ishte i spikaturi i javës. Shumica e tokenave të tjerë kryesorë gjithashtu regjistruan fitime dyshifore. Tron ishte përjashtim, duke humbur tërësisht rritjen." "missing the rally" - "nuk u bashkua me rritjen" or "humbi rritjen". We'll say "duke mbetur jashtë rritjes". Next: "The advance wasn't limited to the top coins. It was a broad move across the sector, with traders piling into risk assets." Translation: "Rritja nuk u kufizua vetëm në monedhat kryesore. Ishte një lëvizje e gjerë në të gjithë sektorin, me tregtarë që u dyndën në asete me rrezik." "risk assets" - "asete me rrezik" or "aktive me rrezik". Next h2: "Shorts get squeezed" - "Shorts squeezed" - we can say "Pozicionet short shtrydhen" or "Shortet shtrydhen". We'll use "Pozicionet short shtrydhen". Paragraph: "Nearly $1.4