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Bitcoin Price Plunges Below $70,000 as Liquidations Reach $622 Million
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Bitcoin Price Plunges Below $70,000 as Liquidations Reach $622 Million

Key Highlights Bitcoin fell below $70,000, triggering a wave of leveraged long liquidations. Long liquidations reached $549 million, compared with $72.46 million in short liquidations, according to CoinGlass. Ethereum and Solana recorded approximately $120 million and $23 million in liquidations, respectively. Bitcoin’s Break Below $70,000 Triggers Liquidation Cascade Bitcoin’s decline accelerated after the cryptocurrency broke ...

Bitcoin Crashes Below $84K as Crypto Liquidations Near $600 Million
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Bitcoin Crashes Below $84K as Crypto Liquidations Near $600 Million

Key Highlights: Bitcoin fell from its multi-day peak to below $84,000 after the US jobs report was released. The total cryptocurrency market capitalization dropped by almost $80 billion to $2.880 trillion. More than $570 million in crypto positions were liquidated over the past 24 hours, with longs accounting for 99% of the past hour’s liquidations. ...