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Bitcoin Price Drops Below $80K

Bitcoin (BTC) has dropped below $80,000 for the second time in ten days, causing a significant decline in altcoins and rising liquidations. Over 210,000 traders were liquidated in the past day, with total wrecked positions reaching $670 million, including $220 million from long positions. Major altcoins like Ethereum (ETH), Binance Coin (BNB), and XRP have also seen significant drops, with ETH falling below $2,350 and XRP confirming a drop below $1.30.

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