Sentiment: Negative
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Bitcoin tumbled below $26K, causing a $120M liquidation storm
By James Van Straten at 2025-03-14 05:58
Sentiment: Negative
Quick Take The Dollar Index (DXY) continues rising, hitting 104.11, up 2.80% in the past month. However, Bitcoin’s negative DXY correlation persists, with the former sinking as low as $25,800 on Thursday. In the past 24 hours, total liquidations reached $120 million, mainly on longs. Further rate hikes may be on the cards – with […] The post Bitcoin tumbled below $26K, causing a $120M liquidation storm appeared first on CryptoSlate. Continue reading...
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