Bitcoin surpassed $80,000 for the first time in a week, reclaiming a level not seen since Kevin Warsh’s hawkish speech at Jackson Hole. ETH approached $2,500 with a 2.6% surge in one hour, while XRP gained 9% on the day. Over $140 million in short positions were liquidated in just one hour, bringing the 24-hour total to over $400 million. Nearly 110,000 traders were wiped out in the past 24 hours, with the largest single liquidation exceeding $5.2 million on Binance.
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