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BEARISH 65 The Defiant 1H ago · 1 min read

Bitcoin falls below $80,000 as $1.34 billion in long liquidations hit

Bitcoin falls below $80,000 as $1.34 billion in long liquidations hit
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AI summary

Bitcoin is trading below $80,000 as long liquidations reached $1.34 billion, unwinding leveraged bullish positions. Ether funding turned negative on OKX while bitcoin funding stayed positive. Traders should watch funding rates for signs of further deleveraging or a possible bounce.

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Narrative history
1 linked story · 2 outlets · since 27 Oct
  1. 1H AGO
    You’re reading this
    Bitcoin falls below $80,000 as $1.34 billion in long liquidations hit
    The Defiant · Score 65
  2. 27 OCT · 10:24
    Bitcoin falls below $80,000 as $1.3 billion in positions are liquidated: How can holders seize the opportunity to earn $10,000 a day?
    crypto.news · Score 75 · via $80,000 $1.3B, $1.3B
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