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Bitcoin Plunges Under $50K, Erasing $1B Leveraged Longs
bitcoin (BTC) price predictions are subject to volatility amidst global economic data and escalating tensions in the Middle East. The recent drop in bitcoin‘s value to below $50,000 has raised concerns among investors, triggered by sell-offs in financial markets due to fears of a global recession. The correlation between U.S. economic data and bitcoin prices…
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Bitcoin Targets a $58K Surge Amidst CME Gap as Market Turbulence Liquidates Longs
Exploring the Implications of BTC’s Price Decline Below $59,000 The cryptocurrency market is witnessing a noticeable downturn, with the BTC price stumbling below the $59,000 mark for the first time since mid-July. This event points towards a sustained period of selling pressure that has been described as “relentless”. This significant shift prompts a deeper examination…
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Over $100M in Bitcoin Longs Liquidated as Price Drops Below $61K
The Crypto Market’s Rough Terrain: A Deep Dive The landscape of cryptocurrency is notorious for its volatility and the past 24 hours have painted a vivid picture of this in action. As we navigate through the twists and turns of the crypto world, a significant downturn has caught the attention of market watchers worldwide. The…