Bitcoin\u2019s price reached nearly $79,500 moments ago, causing all sorts of reactions across the crypto community. This brings its total gains for the past 24 hours to slightly more than 13%.<\/p>\n
The parabolic move has been mirrored across most of the altcoin market, with many large-cap cryptocurrencies bringing outsized gains throughout the past week. Just today, Ripple\u2019s XRP exploded<\/a> by 25%, for example.<\/p>\n <\/a>Source: Quantify Crypto<\/p>\n The price has since retraced to slightly below $78K. In any case, volatility has led to severe liquidations for yet another day across derivatives markets. Data from Coinglass shows that, in the past hour alone, total liquidations surpassed $330 million, the bulk of which came from short traders \u2013 somewhat expectedly.<\/p>\n Total liquidations over the past 24 hours are approaching $1.5 billion, making this yet another historic day in the market. Most of the liquidations are also associated with Bitcoin positions \u2013 about $825M at the time of this writing. Binance leads in terms of exchanges, with Hyperliquid reporting about half as much.<\/p>\n In total, over 170,000 traders were wiped out, and the largest single liquidation order occurred on Hyperliquid, with a face value of $23.59 million.<\/p>\n The post Bitcoin\u2019s Price Approaches $80K, Millions Liquidated in Hours<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin\u2019s price reached nearly $79,500 moments ago, causing all sorts of reactions across the crypto community. This brings its total gains for the past 24 hours to slightly more than 13%. The parabolic move has been mirrored across most of the altcoin market, with many large-cap cryptocurrencies bringing outsized gains throughout the past week. Just […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-216232","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/216232"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=216232"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/216232\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=216232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=216232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=216232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>Source: Quantify Crypto<\/p>\nThe price has since retraced to slightly below $78K. In any case, volatility has led to severe liquidations for yet another day across derivatives markets. Data from Coinglass shows that, in the past hour alone, total liquidations surpassed $330 million, the bulk of which came from short traders \u2013 somewhat expectedly.<\/p>\nTotal liquidations over the past 24 hours are approaching $1.5 billion, making this yet another historic day in the market. Most of the liquidations are also associated with Bitcoin positions \u2013 about $825M at the time of this writing. Binance leads in terms of exchanges, with Hyperliquid reporting about half as much.<\/p>\nIn total, over 170,000 traders were wiped out, and the largest single liquidation order occurred on Hyperliquid, with a face value of $23.59 million.<\/p>\nThe post Bitcoin\u2019s Price Approaches $80K, Millions Liquidated in Hours<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin\u2019s price reached nearly $79,500 moments ago, causing all sorts of reactions across the crypto community. This brings its total gains for the past 24 hours to slightly more than 13%. The parabolic move has been mirrored across most of the altcoin market, with many large-cap cryptocurrencies bringing outsized gains throughout the past week. Just […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-216232","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/216232"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=216232"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/216232\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=216232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=216232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=216232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/08\/Screenshot-2026-08-21-at-12.14.59-scaled.png\"){kind=link}