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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.
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Bitcoin experienced a significant dip, touching $58,000, its lowest point since September 2024, before staging a recovery to $59,770. Concurrently, Ethereum continued its descent, exacerbating market concerns. The broader crypto market witnessed a substantial $1 billion in…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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