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Bitcoin (BTCUSD) Tumbles Below $64,000 Amid Margin Sell-Off and Tech Sector Weakness

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The Story

News Summary

  • Bitcoin plunged below $64,000 reaching autumn 2024 lows before recovering slightly, losing over 13% this week amid broad tech and metal sell-offs; crypto markets have dropped $2 trillion since October, driven by leveraged positions and margin calls.
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BTCUSD price history

78968.87 +19.86% over the displayed period

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