Bitcoin back above $80,000, $198 million in positions liquidated
- —Bitcoin +4.7% in 24 hours, above $80,600 on Binance
- —$198 million liquidated in an hour, $190 million were shorts
- —ARB +29%, NEAR +26%, UNI +20%, APT +18%
- —SEC introduced a five-year exemption for tokenized stocks
Why it matters: The rally is supported by the SEC's regulatory relief on tokenized stocks, which boosts demand for blockchain infrastructure.
Source: Cryptonews.net