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Bitcoin’s $80K fakeout wipes out shorts amid Iran headlines – TON BOT

Bitcoin’s $80K fakeout wipes out shorts amid Iran headlines

Bitcoin experienced a significant price swing on Monday after reports indicated that Iran had sent a new proposal to the U.S. through Pakistani mediators. The price of Bitcoin briefly surged to near $79,500 before dropping back down, resulting in about $275 million in liquidations as leveraged traders reacted to fast-changing geopolitical news.


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