210,000 Liquidations! Bitcoin Soars and Then Plummets, Double Kill for Bulls and Bears!
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Bitcoin experienced extreme volatility, soaring to $105.8K after U.S.-China tariff reduction news, but quickly plummeted near $100K, leading to 212,000 liquidations worth $700 million. The selloff was fueled by profit-taking and concerns over economic risks from tariffs, with expectations of unchanged interest rates. Analysts predict a corrective phase for crypto until the Fed's rate decision, likely delaying cuts until July or later.
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