Bitcoin Price Tumbles to Two-Week Low of $63,300 Amid Market Liquidations
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The cryptocurrency market saw a significant decline, with Bitcoin's value plummeting to $63,300. This downturn was mirrored by altcoins, leading to total liquidated position values approaching $230 million.
Market liquidations played a crucial role in this sudden descent, impacting both Bitcoin and various altcoins significantly. The drop marks a substantial shift in market dynamics, causing concern among traders and investors alike.
Source: en.coinotag.com ↗
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