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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

$79,812.01

+0.07%

$79,812.01

+0.07%

(24s)

24h Volume

$7,060,272,697.95

24h H/L

$80,107.99 / $79,233.00

Change: $874.99 (1.10%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0027%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,944.00

▲ 0.14%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$81,908.22

Resistance 1$80,157.58

Price$79,944.00

Support 1$79,635.96

Support 2$77,455.78

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.0

CoinDesk Staff

(10:21 AM UTC)

1 min read

Reviewed byDavid Kim

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…

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CoinDesk Staff · CoinDesk

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