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Bitcoin Price Drops Below $81K as Crypto Liquidations Top $1.1 Billion

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin broke below $81,000 to an intraday low near $80,500, wiping out billions from its market cap. Over $1.1 billion in total crypto positions were liquidated, led by ether with $333 million. Middle East Tensions and Oil Surge Pressure Crypto Bitcoin (BTC) price dropped below the $81,000 threshold on Thursday amid a marketwide sell-off that […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Massive liquidations and geopolitical tensions drive sharp market downturn.

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