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On Monday morning, the price of bitcoin fell sharply. As the chart shows, the BTC/USD rate fell below 42,000 on Monday during the Asian session. According to Coinglass, the decline resulted in about $400 million worth of positions being liquidated by about 100,000 traders on cryptocurrency exchanges. So far, the price has found support around […]

The post Sharp Change in BTC/USD Price: Causes and Consequences appeared first on Action Forex.

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27/12/2023

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