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Crypto

Bitcoin Price Drops 1.3% to $84,072 Amid Heavy Long Liquidations

Guavy AI Editorial Team
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Bitcoin's price declined by 1.28% in one hour to $84,072 at 8:17 a.m. ET (12:17 UTC) on September 25.

The drop was accompanied by significant long-position liquidations, reaching $4.18 million across Binance, Bybit, and OKX during the same period.

Despite the hourly decline, Bitcoin's price remained up 0.59% from 24 hours earlier.

Long liquidations occur when leveraged bets on higher prices are forcibly closed after the market moves lower, resulting in losses for traders who took out such positions.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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