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massive liquidations hit crypto markets as bitcoin dips to new low

Over the past 24 hours, the crypto market experienced $716 million in liquidations as Bitcoin (BTC) fell to a new 2025 low of approximately $89,800. Analysts are closely monitoring Bitcoin's performance, with some expressing bullish sentiments if it can maintain support above $92,000, while cautioning about potential volatility ahead. Ethereum (ETH) also saw a significant decline, trading at $3,019, down 8.1%.
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