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Bybit BTCUSD Plunges Amid $6B Liquidation and Fed Hawkishness, Traders Turn Defensive

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

News Summary

  • Bybit report highlights cautious crypto derivatives markets after $6 billion liquidation in October, with BTC price falling to $107,000 amid risk aversion and defensive trader sentiment following US-China tensions and Fed hawkishness.
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BTCUSD price history

76494.61 +11.22% over the displayed period

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