Bitcoin Blasts Past $80,000 Amid Risk-On Rally

Bitcoin's price has broken above $80,000 for the first time since early September, fueled by positive spot BTC ETF flows. This momentum is part of a broader risk-on rally in the crypto market.

The data from Coinglass shows that 111,660 traders were liquidated in the past 24 hours, resulting in losses totaling $547.80 million.

In terms of Ethereum and other altcoins, XRP has seen a 6% increase as whale Binance inflows reached a 6-month high.