Bitcoin breaks $80K as crypto shorts lose $378M in one hour

Bitcoin has climbed back above $80,000 on Nov. 4 as short liquidations across the cryptocurrency market have reached $378 million in one hour, following several sessions of withdrawals from U.S. spot Bitcoin ETFs. According to CoinGlass, total liquidations reached $466.33…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyExchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundMore in Finance
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