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Crypto

Crypto Market Plummets as Bitcoin Drops Below $84,000

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BTC
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The crypto market has taken a hit today, with a decline of 2.69% to $2.84 trillion.

This downturn is largely attributed to Bitcoin's drop below $84,000, which triggered a broader selloff in the market.

In addition, over $126 million in BTC long positions were liquidated, while high leverage continued to unwind.

Total crypto open interest remains elevated at $444 billion, with funding rates falling 52% in 24 hours.

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