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Bitcoin’s all-time high gains vanished hours later: Here’s why

Bitcoin’s drop from $124,000 to $117,500 sparked $227 million in liquidations, with traders showing neutral sentiment despite inflation data and Fed uncertainty.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin’s all-time high gains vanished hours later: Here’s why

Bitcoin’s drop from $124,000 to $117,500 sparked $227 million in liquidations, with traders showing neutral sentiment despite inflation data and Fed uncertainty.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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