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Bitcoin hits 12-week low as dollar rallies on interest-rate outlook, liquidations top $1.6 billion

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Bitcoin hits 12-week low as dollar rallies on interest-rate outlook, liquidations top $1.6 billion

Bitcoin (BTC) fell below $70,000 for the first time since August and is down 3.5% since midnight UTC, as the dollar climbs and liquidations top $1.6 billion.

Key Takeaways

  1. Bitcoin (BTC) fell below $70,000 for the first time since August and is down 3.5% since midnight UTC, as the dollar climbs and liquidations top $1.6 billion.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.