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Bitcoin’s Price Rips Past $80K as Short Sellers Get Steamrolled
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Bitcoin’s price ripped from the mid-$76,000s to nearly $81,000 on Friday at 10:45 a.m. ET, after traders spent the week absorbing a failed U.S. Senate crypto vote and two central-bank rate hikes. The final leg wasn’t simply buyers charging in. Roughly $192 million in leveraged crypto positions vanished in one hour, including more than $183 […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Sharp price surge breaks key resistance, triggering FOMO and liquidations.