Crypto

As BTC Tests $62,000, How Low Can Bitcoin Go?

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In brief

  • Bitcoin fell 17% from just under $74,000 Monday to an intraday low of $61,556 Thursday, triggering $4.47 billion in total crypto liquidations over the period.
  • Data from derivatives and options markets show weak demand and increased downside protection bets.
  • Analysts see potential for…

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