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Bitcoin falls nearly $2,000 in 20 minutes as $400 million in longs get liquidated
The rapid liquidation highlights the volatility and risks of leveraged trading, potentially deterring cautious investors and impacting market stability. The post Bitcoin falls nearly $2,000 in 20 minutes as $400 million in longs get liquidated appeared first on Crypto Briefing .
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📉 Bitcoin fell as low as $83,500, triggering the liquidation of approximately $400 million worth of leveraged long positions in less than an hour during the sharp overnight drop. 🛢️ Attacks in the Strait of Hormuz boosted oil prices; rising US bond yields and the dollar dampened risk appetite. 🐋 Net $24,073 BTC flowed out of centralized exchanges, while large wallets accumulated 86,702 BTC in the last three weeks. 🏦 Yesterday, $118.8 million…
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Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin falls nearly $2,000 in 20 minutes as $400 million in longs get liquidated
The rapid liquidation highlights the volatility and risks of leveraged trading, potentially deterring cautious investors and impacting market stability.
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