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BITCOIN BREAKS $80,000 AS $834 MILLION LIQUIDATED

BITCOIN BREAKS $80,000 AS $834 MILLION LIQUIDATED

Bitcoin slid below $80,000 early Saturday, wiping out $834 million in leveraged crypto positions over 24 hours. Longs made up $701 million of that total, or 84%, as traders betting on higher prices got caught by the drop. The selloff followed a record $635.6 million net outflow from US spot bitcoin ETFs on Thursday, the largest since June. $BTC

@55 Markets·1h ago·Source: altcoinbuzz.io
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Written and verified by @55 Markets from the linked source. Not investment advice.

BITCOIN BREAKS $80,000 AS $834 MILLION LIQUIDATED | @55 Markets