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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

$62,928.01

-0.35%

$62,928.01

-0.35%

(24s)

24h Volume

$3,438,359,644.73

24h H/L

$63,390.00 / $62,754.00

Change: $636.00 (1.01%)

Long/Short

69.3%

Long: 69.3%Short: 30.8%

Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,041.99

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,041.99

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.9

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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