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Bitcoin fell to $83,570 over the past 24 hours as tensions around the Strait of Hormuz pushed oil prices above $100 a barrel. The sharp drop wiped out about $80 billion from the crypto market within hours and triggered nearly $550 million in liquidations, with leveraged long positions taking most o…
Bitcoin fell as low as $83,840 and CoinGlass recorded $485.21 million in long liquidations over 24 hours, as oil climbed on Iranian tanker attacks.