[Wu Blockchain News] Bitcoin Plunges Below $70,000 as Crypto Liquidations Hit $622 Million in Four Hours
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Bitcoin dropped below $70,000 to a low of $68,943 and was trading at $69,297, down 6.11% over 24 hours, after hitting a 24-hour high of $73,866 on Binance. The scale of long liquidations underscores how leveraged bullish positioning amplified the selloff. Traders will watch whether Bitcoin can reclaim the $70,000 level or whether forced deleveraging extends across major exchanges.
Muhabbit's AI wrote this summary in its own words from Telegram's report. It can get details wrong, so check the source.
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Bitcoin (BTC), Binance, CoinGlass
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