Bitcoin stuck below $80,000 as leveraged longs unwind, altcoins slide
Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.
Bitcoin is likely to continue facing downward pressure as leveraged positions are unwound and negative sentiment affects altcoins. Prices may trend lower as market participants react to inflation fears.
Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.
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