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Bitcoin Price Plummets to $65K, Triggering $400M in Liquidations and Rocking Crypto Markets

According to Cointelegraph: A sharp sell-off was observed in the Bitcoin market on April 12, as BTC price underwent a sudden 5% drop, plummeting from $68,341 to a low of $65,110 within a span of less than an hour. This swift downturn, primarily during late New York trading hours, led to the liquidation of over $400M across Bitcoin and altcoin leveraged positions.