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Bitcoin Plummets 7% After Hitting $64K; Reversal Triggers Over $600M Crypto Liquidations

BTC rapidly surged earlier during the day, surpassing the $60,000 level for the first time since Nov. 2021. After hitting a high of $64,037, it abruptly fell to $59,400, CoinDesk data shows. At press time, it bounced back over $61,000, still up 7% over the past 24 hours.

www.coindesk.com

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