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One platform for global traditional assets
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Trade European-style vanilla options
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#CryptoMarketDrops150KLiquidated
Bitcoin has dropped over 6% from last week's high of $81,700, falling below key support levels due to rising liquidations and weak ETF demand. Institutional outflows exceeded $1 billion, and macroeconomic concerns, including rising inflation and geopolitical tensions, have pressured the cryptocurrency. Currently trading near $76,900, Bitcoin risks revisiting the $76,000 zone, with potential support at $74,000 to $75,000 if it fails to hold. A recovery requires reclaiming the $78,000 level.