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Bitcoin Drops, $2.25B Liquidated: Why Crypto and Markets Are Falling

Bitcoin Drops, $2.25B Liquidated: Why Crypto and Markets Are Falling

Duck and cover. Praise be to all those who rotated into stables. Catch up on the market's last happenings here.

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Maxwell Mutuma
Feb 04, 2025
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Bitcoin Drops, $2.25B Liquidated: Why Crypto and Markets Are Falling
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Bitcoin and cryptocurrency markets sharply declined on Monday as traders reacted to US President Donald Trump’s tariff announcements. Bitcoin dropped to $91,231 before recovering above $95,000, while global stock markets also saw significant losses. Crypto traders lost over $2.25 billion in liquidations, marking one of the largest single-day liquidation…

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