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Bitcoin (BTCUSD) Falls 40% on Heavy Liquidations as Derivatives Signal Cautious Sentiment

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

News Summary

  • Bitcoin has dropped 40% from its peak to a 15-month low amid heavy liquidations and falling open interest, though derivatives markets show cautious sentiment without extreme volatility, indicating a potential mid-cycle correction rather than a prolonged bear market.
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BTCUSD price history

75772.56 +15.26% over the displayed period

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