Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets
Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short betsBitcoin’s three-day surge has pushed a major market gauge bullish for the first time since October.
Happy Friday!A sharp return of risk appetite is exposing how quickly leverage can reshape crypto’s near-term path. Bitcoin’s push toward $80,000 has wiped out a record $4 billion in short positions, while XRP’s rally is forcing traders to confront a critical resistance range. The global crypto market cap is $2.59 trillion, with a 24-hour volume of $163.25 billion. The price of Bitcoin is $76,961.90, and BTC market dominance is 59.7%. The price of Ethereum is $2,389.20, and ETH market dominance is 11.2%. The best-performing sector is Deflationary, which gained 16%. The Crypto Fear & Greed Index is currently Greed (72). 📰 Top NewsBitcoin is closing in on $80,000 and already destroyed a record $4 billion in short betsBitcoin’s three-day surge has pushed a major market gauge bullish for the first time since October. Ethereum’s next upgrade turns a 2-second block bottleneck into a roughly 9-second windowEthereum’s public test rehearses new block-building rules, validator coordination and transaction costs before mainnet. This Bitcoin miner just signed a $350 million AI deal, but it needs $185 million to make it workHIVE must complete a massive Nvidia buildout before most of the contract can start generating revenue. 🗞️ More News
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