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Bitcoin’s Run Toward $80K Fuels Millions in Liquidations and Marks Its Best Week Since 2023

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TL;DR: Bitcoin climbed to $79,400 and has gained nearly 24% on the week, its best weekly performance since March 2023. $3.3 billion in derivatives positions were liquidated on Wednesday and another $1.25 billion in the last 24 hours, accord…

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Bitcoin’s Run Toward $80K Fuels Millions in Liquidations and Marks Its Best Week Since 2023
Crypto Economy 2h ago

Bitcoin’s Run Toward $80K Fuels Millions in Liquidations and Marks Its Best Week Since 2023

TL;DR: Bitcoin climbed to $79,400 and has gained nearly 24% on the week, its best weekly performance since March 2023. $3.3 billion in derivatives positions were liquidated on Wednesday and another $1.25 billion in the last 24 hours, accord…