Crypto Market Sees $701 Million Liquidations Amid Macro Uncertainty, PEPE Drops 18%
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币界网报道：Crypto markets experienced $701 million in liquidations amid heightened volatility, with Pepe (PEPE) plunging 18% as Bitcoin dipped below $63,000. The sell-off followed unexpectedly high U.S. CPI inflation data, dampening hopes for Fed rate cuts. Major exchanges saw $701 million in leveraged positions wiped, including $584 million from long bets. Ethereum and Bitcoin led losses, dropping 9% and 7% respectively, while altcoins like Solana and Dogecoin fell over 13%. Analysts attribute the downturn to macroeconomic uncertainty and profit-taking after recent rallies. Derivatives
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