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via CoinDesk · By CoinDesk Staff

Crypto traders rush to hedge after bitcoin drops below $80,000: Crypto Markets Today

BTC

BTC/USDT

$59,226.00

-0.93%

$59,226.00

-0.93%

(24s)

24h Volume

$31,538,864,582.49

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

71.6%

Long: 71.6%Short: 28.4%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,500.95

▼ -2.58%

Volume (24h): -

Resistance Levels

Resistance 3$62,909.86

Resistance 2$61,603.90

Resistance 1$59,859.45

Price$59,500.95

Support 1$59,456.73

Support 2$58,115.01

Support 3$51,387.09

Pivot (PP):$59,859.45

Trend:Downtrend

RSI (14):30.0

CoinDesk Staff

(10:21 AM UTC)

1 min read

Reviewed byDavid Kim

1044 views

0 comments

Bitcoin retreats below $80,000, liquidating $300 million in futures bets

BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.

Bitcoin price (CoinDesk Data)

What to know:

Bitcoin dropped below $80,000 after fresh U.S. airstrikes in Iran sparked a surge in oil prices and a broader risk-off move across crypto…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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