Bitcoin surged toward the $80,000 mark, triggering more than $116 million in crypto liquidations within an hour, including $114 million in short positions. The move showed strong bullish momentum as traders betting against BTC were forced out. Although Bitcoin briefly broke above $79,000, it faced rejection near $80,000 and pulled back while still holding key support levels. This matters because a successful reclaim of the $80,000 zone could increase the chances of BTC moving higher to fill the important $84,000 CME futures gap.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Bitcoin (BTC) has lost nearly half its value from its October 2025 peak, but the…
The “crypto and Bitcoin is dead” chatter has once again risen on social media platforms,…
USDT stablecoin issuer Tether has today announced the successful completion of its first-ever full independent…
Curve DAO (CRV) is correcting after a sharp upswing pushed the price toward the $0.29–$0.30…
Riot Platforms, one of the largest publicly traded Bitcoin miners, sold 4,300 BTC during the…
ENA has spent months going nowhere, but the latest Ethena partnership with FalconX gives the…
