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Bitcoin (BTCUSD) Plunges on $780M Liquidations Amid Crypto Market Leverage Reset

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

News Summary

  • Crypto markets experienced a major leveraged liquidation event, with Bitcoin facing $780 million in forced long position closures, causing sharp price drops but no spot panic.
  • Market sentiment turned fearful as leverage reduced and volatility rose, indicating a short-term reset phase.
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BTCUSD price history

77574.34 +17.75% over the displayed period

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