#NewsAboutCrypto
$BTC
The leading cryptocurrency, Bitcoin, experienced a sharp rise today, climbing back above $80,000. This sudden movement in the cryptocurrency market caught investors, particularly those who had taken short positions, off guard, with $198 million worth of leveraged positions liquidated in the last hour.

According to Bitcoinsistemi.com data, $190 million of this consists of short positions.

According to the data, Bitcoin rose 4.7% in the last 24 hours, climbing above the $80,600 level on Binance.

Altcoins followed Bitcoin’s rise. Ethereum surged 4%, surpassing $2,550, while Solana rose 7.8% to over $108, and XRP climbed 4.5% to above $1.3.

At this point, altcoins recorded even stronger percentage gains, with Arbitrum, $NEAR UNI, and Aptos among the top performing altcoins. Accordingly, Arbitrum (ARB) rose by 29%, Near Protocol ($NEAR) by 26%, Uniswap by 20%, and APT by 18%.

Jupiter, Worldcoin, and Ether.fi followed, with JUP, WLD, and ETHFI rising by 15.5%, 15.2%, and 15% respectively.