5h ago
Bitcoin Holds $79,200 Support as $28.3M Long Liquidations Cool Leverage
Over the last 24 hours, bitcoin hovered near $80,000 and stayed range-bound between $80,200 and $79,200 while long liquidations hit $28.3 million. Total crypto liquidations reached $202 million, with $103 million from longs, even as equities rallied and oil briefly spiked before settling at $101 (Brent) and $95 (WTI). A Bitunix analyst flagged $78,000 as a key downside liquidity pocket, while $82,000–$83,000 holds notable short liquidity.