[Bitcoin Hits $80,000, $120 Million in Short Liquidations Within 24 Hours] Deep Tide TechFlow reports that on August 25, according to Cointelegraph, Bitcoin's price officially reached the $80,000 milestone, with major trading pairs hitting recent highs. Accompanying the rapid price surge, the leveraged market experienced significant adjustments. Data shows that the total amount of short liquidations in the crypto market over the past 24 hours has exceeded $120 million, with thousands of traders liquidated in a single day. This rally was primarily driven by continued inflows into spot ETFs and position replenishments by certain institutions. With Bitcoin leading the charge, mainstream altcoin sectors also strengthened in tandem, and overall market trading volume expanded significantly. Current market liquidity is gradually recovering, and the focus of the long-short battle is shifting toward higher price ranges.