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Bitcoin Logs Drastic Drop to $54,300 After $679 Million in Crypto Liquidations, Most Altcoins See Dips

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The overall crypto market cap tumbled by 8.32 percent in the last 24 hours. As per CoinGlass, a total of 234,518 traders liquidated $679.38 million (roughly Rs. 5,672 crore) in the last 24 hours – pushing crypto prices down the cliff. BTC and ETH, both recorded substantially large losses in the last 24 hours. 

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