Bitcoin Reclaims $81,000 Following Over $1 Billion Crypto Liquidation Cascade

Bitcoin traded near $81,000 to $82,500 after dropping for a fourth straight day to an intraday low of $80,350. The sharp drop broke critical technical thresholds and triggered a market deleveraging cascade exceeding $1.19 billion in crypto derivative liquidations over 24 hours, with long positions accounting for over $1 billion. Selling pressure was intensified by four straight sessions of spot Bitcoin ETF outflows, including a single-day withdrawal of about $485 million. Panic emerged as short-term holders sent 55,600 BTC to exchanges at a loss amid surging Treasury yields and hawkish Federal Reserve sentiment.