Tag: Liquidations Surge
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Bitcoin Price Slumps to Multiweek Lows as Liquidations Surge Past $530M
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Bitcoin endured heavy losses on Friday, slipping to its lowest level since early July and triggering more than half a billion dollars in crypto liquidations. Despite hopes pinned on a bullish relative strength index (RSI) divergence, the market failed to hold key support levels, leaving traders on edge as the price risks deeper downside moves.…