Bitcoin Price Barrels Toward $81K as Shorts Lose $415M

Bitcoin reclaimed the $81,000 level on Thursday, recording a nearly 5% gain within 24 hours and pushing its market capitalization above $1.62 trillion. This price rebound occurred as geopolitical tensions between the United States and Iran eased, resulting in $415 million in losses for short sellers. Simultaneously, Filecoin experienced a 15% price jump, which led to $1.5 million in losses for those holding short positions. Both assets showed significant upward momentum during this trading period.