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by: xpoolPosted on: August 14, 2025

Bitcoin’s Record High Fades: Why the $124K Drop Matters

Bitcoin experienced a sudden plunge after reaching an all-time high above $124,000 on Thursday. The price drop below $117,500 triggered over $227 million in leveraged liquidations, yet derivatives markets remained largely unaffected. While traders reacted to recent inflation data, the underlying causes behind this correction may lie deeper within the cryptocurrency market itself.

Related posts:

  1. Eric Trump Calls for Caution Amid $105 Million Ethereum Short Liquidations
  2. Bitcoin & Ethereum Surge Near All-Time Highs After $700 Million Liquidation Wave
  3. Retail Traders Fuel Bitcoin Surge as Ethereum Navigates High Leverage Risk
  4. Bullish Enters Top Five Bitcoin Reserves as Market Shifts
Bitcoin Crypto Market Market Correction

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