📉 Bitcoin's recent price correction below $68,000 led to a staggering $660 million in liquidations, highlighting the volatile nature of the cryptocurrency market.
The #Liquidations were primarily long positions, indicating that many traders were betting on continued price increases.
This dramatic event underscores the importance of caution in the highly speculative crypto markets, especially as ETF narratives and US economic data continue to play a critical role in influencing market sentiment and price movements.
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