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Second-largest Bitcoin (BTC) Price Collapse in History Just Happened, But…

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Bitcoin’s bearish momentum isn’t slowing down as its price has continued to decline following Thursday’s breakdown below the $60,000 support level.  According to On-chain analytics firm, WhaleWire, this is the second-largest liquidation event in Bitcoin’s history, surpassed only by the dip that followed FTX exchange bankruptcy filing in November 2022. Factors Behind the Price Drop
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