Bitcoin Jumps Above $81,000 as Crypto Liquidations Hit $300M in Four Hours

Bitcoin surged past $81,000 on Friday after pushing past $78,000 and $80,000 in a three-day recovery, despite the turbulent week full of negative macro and regulatory news. The move came alongside $300 million in leveraged crypto liquidations over four hours, as traders caught on the wrong side of the rally were forced out of positions.