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Bitcoin Price Drops Below $79K Line as Longs Get Torched in $208M Rout

Bitcoin.com News·September 7, 2026·1 min read
Bitcoin Price Drops Below $79K Line as Longs Get Torched in $208M Rout

Bitcoin fell below $79,000 Monday after briefly hitting $80,537, trading near $78,785, down 1% in 24 hours. Long liquidations outpaced shorts in a $208M rout, as the price slipped just hours after reclaiming $80K for the first time since Friday's sell-off.

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