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Lev🎭
@mstit
After an intense sell-off, Bitcoin led the liquidation at $1.17 billion, with long traders losing $191.82 million and short traders losing $58.65 million. Ethereum, XRP, Solana, Dogecoin and Cardano also suffered losses. The current market crash may be due to the Fed's 0.25% interest rate cut and Jerome Powell's bearish statement on Bitcoin. However, whales bought up over $1 billion worth of BTC during the downturn, potentially sparking a recovery.
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