Crypto Liquidations
Crypto liquidations occur when a trader’s leveraged position is automatically closed by an exchange due to insufficient margin. This often happens during significant price swings and can exacerbate market downturns.
Bitcoin Tumbles to $58K Amidst Soaring US Inflation and Market Manipulation Concerns
Bitcoin experienced a sharp decline to $58,000, its lowest in 21 months, driven by high US PCE inflation and significant market liquidations. Traders point to potential manipulation amidst the volatility.
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