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Bitcoin price has dropped by more than 4%, trading near $67,800.
Bitcoin liquidations worth $119.12 million hit the market.
The price of (BTC), the leading digital currency, is oscillating above the bear market level. It has remained below $75,000 in recent weeks, facing a series of sharp declines amid recovery attempts. Bitcoin's price has decreased by 4.29% over the past 24 hours. Notably, the currency is in a state of extreme caution, with the Fear & Greed Index at 12.
The Bitcoin trading price was approximately $67,896, with a 17.11% decrease in daily trading volume, reaching $39.33 billion. During this period, the market experienced liquidations of $119.12 million worth of Bitcoin within 24 hours, according to Coinglass data.