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Bitcoin falls below $80,000 as over $200 million in leveraged positions liquidated
Bitcoin (BTC) slipped below $80,000 on Saturday after more than $200 million in crypto positions were liquidated within an hour. Traders who were long accounted for $191.33 million of the liquidated amount. Ethereum (ETH) fell alongside Bitcoin during the same period. The data was reported by BeInCrypto Markets, which noted the total crypto liquidation volume. No further details were provided about the broader market impact.