Bitcoin slips below $78K as longs absorb $270M hit

NewsWed, 26 Aug 2026 15:37:44 UTC59 minutes ago
Bitcoin slips below $78K as longs absorb $270M hit
Bitcoin fell below $78,000 after its breakout above $81,000 reversed, triggering a wave of long liquidations as traders took profits and bullish leverage unwound. Strong US spot ETF inflows, however, suggest underlying demand has not disappeared. Bitcoin price retreats after…
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