Bitcoin Dips to $92K as Liquidations Top $440M

Bitcoin's price has dropped to $92,000, leading to significant market volatility. Over the past 24 hours, liquidations in the crypto market have exceeded $440 million, affecting both long and short positions. This decline follows a period of rapid price increases, prompting traders to react to the sudden downturn. Analysts suggest that the market may be experiencing a correction after reaching recent highs. The overall sentiment remains cautious as investors assess the implications of this price movement.

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