Sharp surge in Bitcoin: The currency crossed the $80,000 threshold and triggered mass liquidations
[49252] Sharp surge in Bitcoin: The currency crossed the $80,000 threshold and triggered mass liquidations
A sharp rise in the value of Bitcoin led to the liquidation of short positions worth hundreds of millions of dollars in the crypto market.
Sharp surge in Bitcoin: The currency crossed the $80,000 threshold and triggered mass liquidations
The digital currency market is recording significant volatility today, May 4, 2026, following a sharp rise in the price of Bitcoin. According to the Alex Economia channel, the leading currency crossed the $80,000 threshold, an event that led to turmoil among derivatives traders in the market.
The rapid increase in price led to a massive liquidation of "short" positions (bets on a drop in value). According to a report by the Watcher Guru channel, "$150,000,000 worth of crypto shorts liquidated in the past 60 minutes" alone. These data highlight the strength of the upward pressure in the market.
At the same time, the Coingraph | News channel reported even larger volumes, stating that a total of $195 million in short positions were liquidated in a range of just four hours, alongside what they defined as "Bitcoin pushed higher".
The reporting channels focus on real-time market news and are characterized by an approach focused on technical data and rapid price movements. As Bitcoin continues to maintain these high price levels, traders are watching the currency's stability level closely against the ongoing waves of liquidations.