Liquidation Nightmare Sends Bitcoin Plunging As Market Gripped By "Extreme Fear"

Summary
Liquidation Nightmare Sends Bitcoin Plunging As Market Gripped By "Extreme Fear" Bitcoin plunged to a four-month low overnight as leveraged long positions unwound compounded by weeks of ETF fund outflows, expectations of higher interest rates (and surging real yields), and concerns about tighter crypto regulation following the Democratic sweep of Congress. The deepening bear market also comes amid a broader retreat from risk assets as uncertainty surrounds the AI bubble, with Jensen Huang's departure from Nvidia adding to those concerns last week. Extreme Fear CoinMarketCap's Fear and Greed…
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Liquidation Nightmare Sends Bitcoin Plunging As Market Gripped By "Extreme Fear"
Liquidation Nightmare Sends Bitcoin Plunging As Market Gripped By "Extreme Fear" Bitcoin plunged to a four-month low overnight as leveraged long positions unwound compounded by weeks of ETF fund outflows, expectations of higher interest rates (and surging real yields), and...
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