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Bitcoin Price Crashes Over 5% to $76,000 as Tech Rout Wipes Out Leveraged Longs

Bitcoin Magazine BTC Bearish

Bitcoin fell about 5% from above $80,800 to near $76,000 as a tech-stock selloff spread into crypto. The Nasdaq Composite dropped as much as 3.9%, and the move wiped out leveraged long positions. Traders should watch leverage and the link between AI-linked equities and bitcoin.

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