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Bitcoin and Ethereum sharp plunge causes record $1.7 billion liquidation to start week – TON BOT

Bitcoin and Ethereum sharp plunge causes record $1.7 billion liquidation to start week

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During Asian trading hours, crypto prices dropped by nearly 4%, with Bitcoin falling by over $4,000. Ethereum and XRP also saw declines. Analysts had warned of potential risks, pointing to signs of cycle exhaustion in Bitcoin. The drop led to $1.7 billion in liquidations, highlighting the volatility of the crypto market.

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