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Bitcoin briefly dips below $80,000 before rebounding amid tech weakness and hawkish Fed hold

Bitcoin briefly fell below the $80,000 level before recovering later in the session. The dip was attributed to weakness in the technology sector and a hawkish Federal Reserve decision that sparked a broader risk‑off move. Over the preceding 24‑hour period, crypto liquidations totaled $334.9 million. Of that amount, long positions accounted for $218.8 million in liquidations.

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