BTC jumps to $79,174 after 113 days below $80,000, triggering $179.19 million in futures liquidations in four hours.
Bitcoin climbed above $80,000 for the first time since May 4, 2026, reaching $79,174 after 113 days below that level. The move liquidated $179.19 million in crypto futures, including $78.99 million in long positions and $100.20 million in shorts.
The last breach of $80,000 occurred on May 4, with BTC trading near $79,174 at the latest print. Market data showed heightened volatility as traders adjusted positions amid the rapid price shift.
No immediate market reaction data was provided beyond the liquidation figures.