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Bitcoin (BTCUSD) Tumbles on $1.7B Liquidation Wave as Leverage Sparks Cascade

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The Story

News Summary

  • Crypto markets plunged with $1.7B liquidated in 24 hours as leveraged longs were forced out, hitting Bitcoin, Ethereum and altcoins; low liquidity and macro fears triggered a cascading sell-off and likely short-term consolidation.
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BTCUSD price history

76160.56 +10.74% over the displayed period

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