Markets

Bitcoin Falls Below $80,000 as Long Liquidations Reach $1.34 Billion

October 30, 2026, 11:20 AM UTC (2 hours ago) · 1 source · Summarized by CryptoBipto

Bitcoin's price dropped below the $80,000 level, triggering $1.34 billion in long liquidations across cryptocurrency markets. The sell-off forced leveraged traders who had bet on rising prices to close their positions at a loss.

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When people trade crypto, some borrow extra money to make bigger bets — this is called using "leverage."

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SOURCES

thedefiant.io

BTCBitcoin PriceLiquidationsLeverage TradingMarket Volatility

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