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Bitcoin Soars Back Beyond $59k Triggering $185 Million In Liquidations

Bitcoin’s price rebounded back above $59,000 on Thursday, marking an 8% climb on the day in spite of broader macroeconomic fears. According to CoinGlass, over $189 million in trades have been liquidated across the crypto market in the past 24 hours, including $109 million in shorts. Bitcoin’s climb began at roughly 1:50 PM UTC, with Bitcoin surging from $57,000 to $59,815 over the next three hours. The leading digital asset is now up 8.45% on the day at $59,622, with its...

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