Bitcoin (BTC) Price Tumbles $6K, Liquidations Skyrocket to $500M in 1 Hour

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Bitcoin’s price failed to overcome the $71,000 level decisively today, and the subsequent rejection pushed the asset south hard, dumping to around $65,000.

The alternative coins have charted even more violent price declines. Ethereum has shed 8% of its value and has plummeted to $3,230 as of now.

 

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