Update
Bitcoin Bounces Back Above $80K Amid Liquidations
Bitcoin rebounded above $80,000 on November 4, following $464.67 million in liquidations within one hour. Bitcoin's market capitalization reached $1.617 trillion, with daily trading volume at $34.602 billion. Perpetual futures open interest was $70.41 billion. Bitcoin accounted for $395.70 million in liquidations, with 75.9% of those losses from short positions. Ethereum saw $236.47 million wiped out, while Solana and Zcash recorded smaller losses. Binance handled 38.9% of total exchange liquidations. The market fell below $77,000 amid spot ETF withdrawals and Binance's October 29 breach, before Bitcoin climbed back above $80,000.