Live updates: Bitcoin’s round trip to $85,000 burns traders on both sides
macro
Bitcoin’s sharp move to $85,000 and reversal caught traders on both sides, with leveraged positions exposed as price changed direction. The round trip underscores how volatile, headline-sensitive trading can trigger liquidations even without a sustained trend. For Bitcoin, it highlights elevated near-term risk and the danger of relying on leverage around abrupt price swings.
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