CryptoSlate August 21, 2026

Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets

Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets

Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and pushed the cryptocurrency to a three-month high. Data from CryptoSlate shows Bitcoin climbed as high as $78,449, gaining more than 10% over the past 24 hours before easing to $77,873 as of press time. […]

The post Bitcoin is closing in on $80,000 and already destroyed a record $4 billion in short bets appeared first on CryptoSlate.

You might also like

Mark Zuckerberg Meta AI Predicts ‘Will Crypto Rec…
Nov 08, 2026 Read
This Bitcoin Developer’s Idea Would Make Quantum …
Nov 08, 2026 Read
Binance France emails announce closure of its use…
Nov 08, 2026 Read
These Finland homes get free heat from bitcoin mi…
Nov 08, 2026 Read