Crypto markets experienced a significant downturn as Bitcoin’s price dropped below $69,000, resulting in liquidations totaling $350 million. This downward trend, often referred to as the “Trump dump,” has caused concern among investors and traders in the cryptocurrency space. The sudden drop in Bitcoin’s value has led to a wave of sell-offs and forced liquidations, impacting the overall market sentiment. As volatility continues to be a key factor in the crypto market, it is important for investors to closely monitor their positions and be prepared for potential fluctuations in the future.
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