Bitcoin price rises 2.43% to $78,016, extending gains over 24 hours.

Bitcoin's price increased by 2.43% within four hours, reaching $78,016 on Binance's BTC/USDT spot market as of 2 a.m. ET on November 4. This rise extends a 24-hour gain of 1.83%, highlighting continued positive momentum for the largest cryptocurrency by market capitalization, which stands at approximately $1.56 trillion. During the same period, $80,000 worth of short positions were liquidated across major exchanges Binance, Bybit, and OKX, with no long liquidations reported. This price movement reflects ongoing investor interest and market activity in Bitcoin.