Why is Bitcoin down today? – $144M in liquidations, profit-taking & more…
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最新报道：Bitcoin's price dropped sharply today, triggering $144 million in liquidations as traders took profits amid market volatility. The leading cryptocurrency fell below key support levels, with analysts pointing to large sell-offs by whales and institutional investors capitalizing on recent gains. Derivatives data shows significant long positions were wiped out, while spot market activity indicates retail traders also contributed to the downward pressure. Market sentiment shifted following weeks of bullish momentum, with some experts suggesting this correction was overdue after Bitcoin's rapid 30% climb earlier this month. The pullback comes as traders reassess risk ahead of major macroeconomic events, though long-term holders appear to be maintaining their positions.
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