Bitcoin Bulls Yield: $257 Million Crypto Longs Rekt As BTC Crashes Under $58,000
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In the last 24 hours, Bitcoin experienced a significant drop of over 4%, plunging below $58,000. This decline has resulted in $257 million worth of cryptocurrency long positions being liquidated. Investors were hoping for a market recovery in July after a bearish June, but the recent downturn has impacted those expectations.
Source: bitcoinist.com ↗
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