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المشهد العربي
Bitcoin drops below 60K amid sell-offs
Bitcoin prices fell below the $60,000 level due to forced liquidations totaling up to $450 million within a single hour, amid a sudden surge in market activity and waning investor sentiment. Additionally, the total market value of cryptocurrencies decreased by 54% over 261 days, while other assets such as Ethereum declined by 1% and Ripple by 3.7%. Markets are expected to experience continued volatility as options contracts worth nearly $10 billion on the Deribit platform expire.
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