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Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure

CryptoSlate BTC Bearish

Bitcoin holders reportedly realized over $2 billion in losses across three days as exchange selling intensified and rate-hike expectations rose. BTC briefly fell below $75,000 during a US tech stock sell-off, with spot selling dominating on Binance. Traders should watch the $70,000 level as a key risk zone.

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