Bitcoin and Crypto Liquidated As BTC Surges to $81,000

Bitcoin’s push through $81,000 triggered a wave of liquidations, especially among traders positioned against BTC. According to CoinGlass, $544.85 million in leveraged crypto bets were closed over the past 24 hours, with the majority coming from shorts. Long liquidations totaled $88.42 million, while short liquidations reached $456.44 million. The rally coincided with a drop in the U.S. Dollar Index, which slid to 99.001, down 0.58% on Thursday. USD/JPY also fell nearly 2.5% in 24 hours, widely viewed as a sign of Japanese intervention. At publication, BTC was $80,879, up 3.98% on the day.