$380M in Shorts Liqudated in an Hour as Bitcoin (BTC) Skyrockets to $81K

🚀 Bitcoin rebounded dramatically from a seven-week low of $75,600 to touch $81,000, signaling a strong market recovery following the US midterm elections.

📈 Altcoins surged alongside Bitcoin, with Ethereum (ETH) rising over 6% to $2,440 and XRP surpassing $1.30, reflecting a broader bullish trend in the crypto market.

💥 Over $910 million in leveraged positions were liquidated in 24 hours, with $380 million in shorts wiped out in just one hour, highlighting the volatility and rapid shifts in trader sentiment.