Bitcoin (BTC) Blasts Through $80K, Liquidating $250M in Short Positions
Key HighlightsBTC experienced a 6% rally on Friday, reaching a session peak of $81,034Approximately $250 million worth of bearish crypto positions faced liquidation within a four-hour windowThe 30-year US Treasury yield jumped to 5.34%, marking a 90 basis point increaseMarket analysts identify the $80,000–$82,000 band as critical resistance territoryCongressional committee approval of the Strategic Bitcoin Reserve legislation occurred Thursday The worlds leading cryptocurrency experienced a dramatic upward trajectory on Friday, punching through the $80,000 threshold as chaos in international energy markets drove Treasury yields to elevated levels. This momentum shift materialized at the opening of US equity market hours. Bitcoin (BTC) Price The BTC/USD trading pair touched an intraday peak of $81,034 on the Bitstamp exchange, as shown by TradingViews market data. This explosive movement reflected a wider market rotation toward riskier assets as market participants responded to escalating energy sector volatility. West Texas Intermediate crude experienced a drop to $94.8 per barrel before staging a rebound. Current trading activity shows oil hovering near the $98 mark, with supply disruption fears maintaining pressure across commodity markets. Discover more Economics financial Brokerages & Day Trading The International Energy Agency issued a Friday warning indicating nations might need to implement oil consumption reductions. According to the IEAs assessment, petroleum flows passing









