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Bitcoin Tumbles 10% After Hitting Record High; Triggers $1B Crypto Liquidations

Bitcoin's new all-time high Tuesday quickly turned into a bloodbath, flushing out overzealous leveraged traders.

Updated Mar 8, 2024, 10:41 p.m. Published Mar 5, 2024, 4:32 p.m.
Bitcoin price action on March 5 (CoinDesk)
Bitcoin price action on March 5 (CoinDesk)