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Bitcoin and other major cryptocurrencies fell in risk-off trade as volumes rose and long positions were liquidated, according to Coinglass. Bitcoin dropped 2.7% to $81,151, while ethereum fell 4.9% and XRP slid 5%.
Coinglass data cited by market talk shows $74.5 billion of bitcoin traded over the past 24 hours, up 18.6% from the prior day.