Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
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On Sunday, Bitcoin saw a significant dip, falling below the $60,000 mark and even dipping beneath the $59,000 range. The leading cryptocurrency touched an intraday low of $58,315, following a previous high of $61,868 earlier in the day. This drop contributed to $132 million in liquidations across the broader crypto market, impacting long positions significantly. The incident serves as a reminder of the volatility inherent in the cryptocurrency space.
Source: news.bitcoin.com ↗
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