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Bitcoin volatility intensifies amid heavy market liquidations
Bitcoin’s dip below $85,000 triggered heavy liquidations before prices recovered, highlighting ongoing volatility in global crypto markets.
Cryptocurrency markets turned volatile after Bitcoin briefly slipped below the $85,000 level during midweek trading. Market data shows liquidations surged to nearly $1.4 billion as leveraged positions were unwound, while Ethereum also fell below $3,000. The sell off to profit taking and a broader risk-off mood across global assets.