Bitcoin Drops Below $82,000 as $406 Million in Longs Liquidated
Key Highlights: Bitcoin plunged below $82,000, triggering widespread liquidations headlined by a single $9.65 million long position liquidated on Binance at $81,772. Mounting institutional selling, marked by roughly $679 million to $681 million in U.S. spot Bitcoin ETF outflows, coincided with rising 10-year Treasury yields reaching 5.24% to 5.3%. Major altcoins including Ethereum, Solana, and ...