Bitcoin Price Rockets Past $80K as Leveraged Shorts Get Crushed

Crypto Insight Summary: Bitcoin’s price has once again smashed through the $80,000 range, reaching an intraday high of $80,808 per coin on Thursday at 11 a.m. EDT. The leading crypto asset has risen 3.5% over the last 24 hours and now stands with a market cap of around $1.60 trillion. Bitcoin Smashes $80,000 as Crypto Market Turns Green […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: BTC breaking $80K triggers bullish momentum and liquidates short positions.