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HomeCryptocurrency

Bitcoin Nosedives to $108K as $110M in Longs Vanish in 24 Hours

Bitcoin.comFriday, August 29, 2025 at 3:13:44 PM
NegativeCryptocurrency
Bitcoin Nosedives to $108K as $110M in Longs Vanish in 24 Hours
Bitcoin's value has dropped to $108K, with $110 million in long positions disappearing within 24 hours. This significant decline raises concerns among investors and traders in the cryptocurrency market.
Editor’s Note: This matters because the sudden drop in Bitcoin's price and the loss of long positions can indicate volatility in the cryptocurrency market, affecting investor confidence and trading strategies.
— Curated by the World Pulse Now AI Editorial System
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