Bitcoin Reclaims $80,000; Crypto Market Liquidations Top $415 Million in an Hour
Bitcoin reclaimed $80,000, with more than $415 million in positions liquidated across the cryptocurrency market over the past hour.Cointelegraph reported on Nov. 4 that total liquidations in the crypto market exceeded $415 million in the latest hour as Bitcoin reached $80,000.Of that, liquidations of short positions, or bets on falling prices, totaled about $330 million.Short liquidations accounted for about 80% of the total.