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Bitcoin rises 2.25% in four hours to $80,430 amid heavy short position liquidations.

Market News
04 Nov 2026, 17:54 WIB
Tokenpost
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Bullish
Bitcoin rises 2.25% in four hours to $80,430 amid heavy short position liquidations.

Bitcoin's price increased by 2.25% within four hours, reaching $80,430, and gained 3.60% over the past 24 hours. This rise occurred alongside significant liquidations totaling $94.95 million on major exchanges Binance, Bybit, and OKX, predominantly from short positions worth $90.3 million. The large volume of short liquidations suggests strong upward momentum in the market. Bitcoin remains the largest cryptocurrency by market capitalization at approximately $1.611 trillion.

Bitcoin on Pluang trades at Rp1.457.118.090 as of Nov 04, 2026 23:01 WIB, showing a 3.39% gain in the last day. Market activity favors buying with 58% of orders, and typical hold time is 112 days. The platform records a 24-hour volume of Rp509,48 trillion, indicating strong investor interest alongside the reported price rise.

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