Bitcoin Plummets to $81K, Sparking $1.7 Billion in Liquidations Amidst Market Turmoil

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Bitcoin experienced a sharp decline, briefly touching a nine-month low of approximately $81,000. This significant drop triggered a massive wave of liquidations, totaling around $1.7 billion, as the cryptocurrency market reacted to a confluence of geopolitical tensions, disappointing tech earnings, and uncertainty surrounding U.S. monetary policy.

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