Bitcoin Price Drop

Bitcoin plunged below the $115,000 support level, sliding to around $111,760, as over $1.7 billion in long positions were liquidated across the market. This sharp drop comes amid Fed uncertainty and inflation fears.
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Bitcoin briefly crossed $100,000 for the first time, reaching a high of $103,679, but has since fallen to $98,969. The drop resulted in $199 million worth of liquidated futures positions in 24 hours.
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