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Tag: Bitcoin drops

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Bitcoin drops below $54K as crypto liquidations near $665M

Around $222 million in long Bitcoin positions were liquidated in the past 24 hours, with the price of BTC hitting its lowest point since February. Bitcoin hit a four-month low of $53,499 on Coinbase as news of Mt. Gox’s latest cold wallet transfer hit the markets. Bitcoin (BTC) plummeted at around 4:19 am UTC on…
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