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CoinDesk 2024-11-25 05:27:22

XRP, DOGE Lead Crypto Losses as Weekend Pullback in Bitcoin Causes $500M Liquidations

Bitcoin experienced a significant drop from $98,500 to $95,500 on Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures. Despite the pullback, market sentiment remains optimistic, with analysts still holding a view of bitcoin reaching the landmark $100,000 figure on various catalysts.

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