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Bitcoin Breaks $80K Following US Midterm Results, Triggering Massive Crypto Liquidations

Bitcoin Breaks $80K Following US Midterm Results, Triggering Massive Crypto Liquidations

Photo: Crypto Economy

TL;DR: Bitcoin broke the $80,000 barrier during the session, printing an intraday high of $81,000 before settling around $78,297. Liquidations across the global crypto derivatives market exceeded $950 million in 24 hours, with more than $560 million stemming from short positions. The asset’s total market capitalization stood at around $1.58 trillion, with a reported 24-hour ... Read more

Source: Crypto Economy

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