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624 Bitcoin retreats below $80,000, liquidating $300 million in futures bets

CoinDesk
Oliver Knight @ CoinDesk · 05/08/2026 06:21 EDT

Bitcoin retreats below $80,000, liquidating $300 million in futures bets

BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.

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