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via CoinDesk · By CoinDesk Staff
Crypto's worst two-day liquidation in months deepens as investors chase the AI trade elsewhere
CS
CoinDesk Staff(11:02 AM UTC)
1 min read
Bitcoin steadies above $60,000 while derivatives send an unambiguous warning
BTC crashed to $61,300 before recovering to $62,500 with $3 billion in liquidations over two days. Traders loaded up on $60,000 puts in anticipation of further declines.
What to know:
- Bitcoin plunged to $61,300 before recovering to around $62,500, contributing to $3 billion in liquidations over…
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