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why is bitcoin dropping

Why Is Bitcoin Dropping? Latest Market Analysis

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$591 million worth of cryptocurrency contracts got liquidated in just 24 hours. This massive wipeout affected 134,500 traders across all networks. Over half a billion dollars vanished during one of crypto’s sharpest corrections in recent months. I’ve been tracking these price movements closely. The current situation reveals a complicated story. As of October 30, the digital currency traded at $110,786 with a 1.6% decline over 24 hours. The price drop itself wasn’t what caught my attention. It was how it… Read More »Why Is Bitcoin Dropping? Latest Market Analysis

Why Is Bitcoin Going Down: Latest Crypto Market Update

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The crypto market just took a big hit. Bitcoin’s price dropped suddenly, causing a 2% dip in the market. This led to $490 million in cryptocurrency positions being liquidated1. Bitcoin’s price fell after recent tariff news but bounced back to $83,726 per token1. Investors are trying to figure out why Bitcoin is falling. The crash comes from many factors. These include new economic policies and global market feelings. Trump’s tariff plans have added to market uncertainty2. Ethereum, Bitcoin’s rival, also… Read More »Why Is Bitcoin Going Down: Latest Crypto Market Update