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| Time | Details |
|---|---|
| 2024-08-05 17:13 |
Bitcoin Faces Major Decline Amid Macroeconomic and Geopolitical Tensions
According to @CCData_io, Bitcoin experienced a significant decline over the weekend due to unfavorable macroeconomic news related to the JPY-USD carry trade, geopolitical tensions in the Middle East, and large players liquidating their funds. This series of events triggered a liquidation cascade, causing Bitcoin's price to drop to approximately $48,200. (Source) |