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Bitcoin’s $10 billion liquidation wave reveals why the AI boom is hurting crypto

Bitcoin’s drop toward $60,000 last week exposed how quickly a shift in investor appetite can turn into forced selling when leverage has been rebuilt beneath the surface of the crypto market. The largest cryptocurrency by market value fell nearly 14% last week, triggering almost $10 billion in liquidations of long futures as traders who had […] The post Bitcoin’s $10 billion liquidation wave reveals why the AI boom is hurting crypto appeared first on CryptoSlate.

Bitcoin’s $10 billion liquidation wave reveals why the AI boom is hurting crypto