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Bitcoin (BTCUSD) Plummets After October Liquidation Event Amid Macroeconomic Headwinds

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

News Summary

  • Bitcoin and ether have erased all yearly gains amid a sharp crypto market downturn driven by a major Oct.
  • 10 liquidation event and a tough macro environment, including sticky inflation and geopolitical risks.
  • VCs await clearer macro signals and Fed policy direction to stabilize prices.
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BTCUSD price history

77635.33 +17.84% over the displayed period

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