Bitcoin surges past $80K, marking its strongest rally in months fueled by spot buying and liquidity—despite warnings of underlying tension from short position liquidations. Meanwhile, gold climbs to a three-month high while oil dips, and altcoins like Virtuals Protocol and Polygon soar, contrasting with declines in Aave and Ethena. Markets show signs of consolidation as leverage appetite cools, hinting at a steadier, less volatile phase ahead.
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