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Fast Take
The latest surge of Bitcoin, pushing its value above the $26,000 mark, has triggered notable ramifications within the crypto ecosystem. In a span of 24 hours, Bitcoin-associated liquidations have soared over $100 million, an occasion reflecting the extraordinary volatility and high-stakes buying and selling atmosphere inherent to the cryptocurrency market. Apparently, this ripple impact prolonged throughout the broader crypto ecosystem, as evidenced by the substantial $178 million price of liquidations reported throughout all cryptocurrencies throughout the identical 24-hour timeframe.
The submit Bitcoin surge triggers $100 million shockwave in crypto market appeared first on CryptoSlate.
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