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Bitcoin just wiped out $600 million in bets, triggering a "mechanical" loop that forces prices toward $100k - CryptoSlate
📰 sources⭐ 9.0
TL;DR:
Bitcoin just wiped out $600 million in bets, triggering a "mechanical" loop that forces prices toward $100k CryptoSlate
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.