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Mass liquidation: 250,000 traders hit as Bitcoin falls below 100,000 USD

Bitcoin’s recent plunge below 100,000 USD is the lowest since the previous market correction, resulting in a substantial impact on traders and altcoin prices.

The fallout from this price decline saw over 250,000 traders liquidated, reflecting a total loss of over 500 million USD, highlighting the intense volatility in the cryptocurrency market.

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