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Bitcoin Market Sees $72M in Long Liquidations Amid Japanese Yen Surge Coinotag 25 Jul 2024

Bitcoin Market Sees $72M in Long Liquidations Amid Japanese Yen Surge 💹

Bitcoin and other asset classes have experienced significant liquidations, amounting to $72 million, triggered by a sudden surge in the Japanese Yen. This surge has led the Japanese Yen to reach a two-month high against the US Dollar. The appreciation of the Yen is influencing market dynamics, including interest rates and trading strategies, resulting in these liquidations.

Quelle: en.coinotag.com ↗

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