Bitcoin (BTC) Drop Causes $2 Billion in Liquidations; Meme Coins SLERF, MEW, WIF Lead Altcoin Gains

Blockonomics
Sam Reynolds
Ledger

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Profit taking ahead of the halving, due later this week, and macroeconomic tremors weighed on the market since late Friday, with bitcoin dropping from last week’s highs around $70,500 to as low as $62,800. That caused a market-wide decline as majors dropped as much as 18%.

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