Crypto Prices Dip After Recent Gains; Over $150M in Traders Liquidated
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Bitcoin, Ethereum, and Dogecoin prices dropped Sunday night amid profit-taking after recent gains. Bitcoin fell over 2% to around $41,000.
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Over $150 million worth of crypto futures traders were liquidated in the last 24 hours according to analytics data.
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The crypto market cap stands at $1.59 trillion, down 0.86% in the last 24 hours.
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Analysts remain bullish on Bitcoin's long-term prospects, with potential to reach $90-110k eventually, though expect a correction first.
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Altcoin Internet Computer has bucked the market trend, more than doubling its market cap in the last week.