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Bitcoin (BTCUSD) Tumbles as Deleveraging and Hot PCE Threaten $109k Support

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin neared $109k support and risks a drop toward $100k as long liquidations and a broad deleveraging event coincide with PCE inflation failing to boost bulls.
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BTCUSD price history

76545.60 +13.48% over the displayed period

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