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0xSecondThought

2026-05-04 12:38:01

ETFs provide life support, but the $80k built up through leverage—are the foundations solid or hollow?

View Original

CryptoFrontier2026-05-04 06:21:57

Bitcoin Tops $80k on Short Squeeze, Triggers $370M Liquidations

Bitcoin rose above US$80,000 on May 4, driven by a short squeeze in crypto derivatives, according to CoinDesk. The rally triggered approximately US$370 million in liquidations over 24 hours, including roughly US$301.9 million from short positions, according to CoinGlass, a crypto market data provide

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