Bitcoin drops below $83,000 as crypto liquidations surge
Cryptocurrency prices fell sharply, with Bitcoin slipping below $83,000 amid a liquidation cascade.
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Bitcoin Drops Below $84,000 Amid Surge in Crypto Long Liquidations
Bitcoin briefly fell below $84,000, reaching a low of approximately $83,800 late Tuesday. This move coincided with a surge in cryptocurrency long liquidations, which reached $487 million. The world's largest cryptocurrency declined 1.7% over the preceding 24 hours.