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Bitcoin Reclaims $57K Mark with Strong Intraday Performance

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By on July 8, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Bitcoin Reclaims $57K Mark with Strong Intraday Performance appeared first on Coinpedia Fintech News

Bitcoin has made a significant recovery, currently trading at $57,772 with an impressive intraday jump of 3.47%. This surge highlights a strong performance as Bitcoin reclaims the crucial $57,000 mark.

During the first half of Asian trading hours, Bitcoin’s open interest (OI) rose to $27.77 billion. Despite this positive movement, the market saw $153 million in long liquidations, indicating substantial trading activity and volatility.

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