Friday, October 18, 2024
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Bitcoin is pinned below $20K as the macro climate stifles hope for a sustainable BTC bull run

Bitcoin (BTC) crashed below $19,000 on Sept. 6, driving the price to its lowest level in 80 days. The movement not only completely erased the entirety of the 32% gains accrued from July until Aug. 15, it also wiped out $246 million worth of leverage long (buy) futures contracts.Bitcoin price

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