Bitcoin, after soaring above the $66,000 mark and teasing $67,000, faced a brutal rejection that left bulls and over-leveraged traders reeling. The resulting cascade of liquidations amounted to a staggering $200 million, underscoring the risks inherent in the volatile world of cryptocurrency trading. However, Bitcoin’s woes were not isolated, as the broader altcoin market mirrored its decline, exacerbating the situation for investors.·
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