
Bitcoin back at $80,000 after liquidating $416 million in shorts
- —BTC climbed above $80,400, up more than 5% in 24 hours
- —$416 million in shorts liquidated over 24 hours, $213 million in one hour
- —The Fed raised rates by 25 bps to 3.75–4%
- —Strategy shares +7.5%, Coinbase +5.5%, Circle +5.7%
Why it matters: The rebound shows the market has already priced in the CLARITY Act failure and a hawkish Fed, and the short squeeze could accelerate gains toward $83,000–84,000.
Source: DiarioBitcoin