Bitcoin (BTC) Price: $250 Million in Shorts Wiped Out as Bitcoin Explodes Past $80,000

Bitcoin surged 6% on Friday to a local high of $81,034, wiping out about $250 million in crypto short positions within four hours. US 30-year bond yields rose to 5.34%, up 90 basis points. The $80,000–$82,000 range is now seen as key resistance for BTC.