According to CoinMeta, based on market data, on Friday the price of Bitcoin broke through $79,000, pushing the total market value of the market to over $2.65 trillion, with Bitcoin's market value also exceeding $1.55 trillion. Due to the U.S. national debt exceeding $40 trillion, pressure was exerted on short sellers in the market, resulting in liquidation amounts exceeding $1 billion. Since August 17th, the increase in Bitcoin's value in dollars has exceeded $1,500.