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Bitcoin Price Crashes Over 5% to $76,000 as Tech Rout Wipes Out Leveraged Longs
Crypto·1 hour ago

Bitcoin Price Crashes Over 5% to $76,000 as Tech Rout Wipes Out Leveraged Longs

Bitcoin's price tumbled over 5% to the $76,000 level as a sharp selloff in the technology sector dampened investor appetite for risk. The decline was exacerbated by the liquidation of leveraged long positions following a rout in chip and AI stocks.

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