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Bitcoin and Ether Drop 8% in $2B Liquidation Amid Market Sell-Off

The sharp decline in major cryptocurrencies triggered nearly $2 billion in liquidations, highlighting heightened volatility in digital asset markets.

BTC

Summary

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Terms & Concepts
  • Liquidation: The forced closing of a trader’s position when their account balance falls below required margin levels.
  • Sell-off: A rapid selling of assets, often causing sharp declines in market prices.
  • Executive Power: The authority granted to a head of state to implement decisions without legislative approval.