Bitcoin Price Falls Below $113,000 Amid Whale Sell-offs and Market Volatility Concerns
Main Idea
Bitcoin's price dropped below $113,000 due to significant whale sell-offs and macroeconomic factors, leading to increased market volatility.
Key Points
1. Bitcoin’s price fell below $113,000 amid whale sell-offs, triggering substantial market volatility.
2. Large liquidations by whales, involving approximately 80,000 BTC, intensified the price decline.
3. Macroeconomic factors, including new U.S. tariffs, contributed to the drop in Bitcoin's price.
4. The market reaction included heavier losses for altcoins, highlighting broader crypto market volatility.
Description
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$BTC
$114221.3
+0.02%
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