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Bitcoin Back Above $80,000 as $468 Million of Shorts Get Wiped Out: Can BTC Clear Its Pre-Hack High?

CoinSpeaker·November 5, 2026·1 min read
Bitcoin Back Above $80,000 as $468 Million of Shorts Get Wiped Out: Can BTC Clear Its Pre-Hack High?

Bitcoin closed above $80,000 for the first time since the Binance hack, wiping out $468 million in short positions. The question now is whether BTC can clear its pre-hack high and hold the level, as traders watch for further momentum.

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