Bitcoin (BTC) Slides Below $80K After $2.56B Liquidation Flush — Here’s What Triggered the Crash

Key Takeaways CoinGlass data showed $2.56 billion in Bitcoin liquidations in recent days as crypto fell with broader risk assets. Analysts tied the move to macro-driven risk-off positioning, including renewed uncertainty around the “AI trade” and shifting rate expectations. Precious-metals volatility spilled into wider markets after President Donald Trump picked Kevin Warsh as his nominee for the next U.S. Federal Reserve chair. About $2.56 billion in Bitcoin positions were liquidated in recent da ...