Bitcoin (BTC) Faces Largest Decline in Four Months, Leading to $142 Million in Liquidations
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Bitcoin (BTC) has experienced a significant drop, trading below the critical $61,000 mark in recent days. This decline has led to substantial liquidations in the Bitcoin market, amounting to over $142 million in the last 48 hours. This event marks the largest decline Bitcoin has faced in the past four months, causing considerable financial repercussions for investors.
The news sheds light on the volatility of the cryptocurrency market and serves as a stark reminder of the risks associated with trading digital assets.
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