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Bitcoin has confronted one in every of its most risky weeks in current historical past, plunging to $103,000 on Friday in a dramatic 15% drop that erased billions in market worth inside hours. The sudden sell-off triggered widespread liquidations throughout the crypto market, wiping out leveraged positions and sparking panic amongst merchants. Nevertheless, value motion is now exhibiting early indicators of restoration, with some analysts suggesting that this sharp correction might pave the best way for a stronger, extra sustainable uptrend.
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