Bitcoin Breaks Below $81,000 as Crypto Liquidations Reach $1.14B

Bitcoin broke below $81,000 as crypto liquidations reached $1.14 billion in 24 hours ending 1:44 p.m. ET Thursday. Ether led forced closures with $333 million, while Bitcoin long positions accounted for about $270 million. The sell-off intensified as leveraged traders were wiped out across major digital assets.