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Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out

CoinDesk2h agoUpdated 1h ago
Bitcoin briefly drops below $62,000 as $1.5 billion in crypto longs get wiped out
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Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts....

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