Bitcoin Faces 4% Drop Amid Significant Liquidations
In a sudden turn of events, Bitcoin, the largest cryptocurrency by market value, has plunged by 4% in the last day. This decline comes as the crypto market grapples with $155.25 million in liquidations. After maintaining a position above $60,000 for four days, Bitcoin (BTC) slipped below this psychological barrier on August 11, eventually hitting a low of $58,269 after an earlier peak of $61,562.
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