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Bitcoin Drops Sharply Alongside AI Stocks, Erasing Prior Election Rally Gains

(3 hours ago) · 1 source · Summarized by CryptoBipto

Bitcoin experienced a significant price decline that erased gains from a previous election-related rally. The sell-off coincided with a broader downturn in AI-related stocks. Approximately $428 million in leveraged long positions across crypto markets were liquidated during the move.

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SOURCES

  • decrypt.co

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