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Bitcoin’s $100,000 dream slips away as $939 million crypto wipeout pushes traders toward $78,000

Bitcoin registered an intraday low of $79,730 earlier than recovering to round $82,000 as surging US wholesale inflation intensified a cryptocurrency selloff that triggered practically $940 million in liquidations. This worth motion prolonged losses as stronger-than-expected inflation information raised considerations about one other rate of interest hike by the Federal Reserve. According to CoinGlass, 176,506 traders have been liquidated…

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