Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion
Hot inflation data revived Fed rate-hike bets, and leveraged bulls paid the bill as nearly $1 billion in crypto positions were liquidated.
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Fresh in the current trading session. Multiple named entities are involved.
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Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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