Bitcoin briefly fell below $84,000 on October 7 after trading above $85,000 shortly before a sharp burst of selling. At the same time, CoinGlass data cited by BeInCrypto showed $403.58 million in market-wide leveraged crypto long positions liquidated within one hour, while oil prices, Treasury yields and the U.S. dollar were also firming. The distinction I would focus on is important: the liquidation wave clearly appears to have amplified Bitcoin's decline, but the available evidence does not prove that liquidations...
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