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Bitcoin slides to $104K as crypto market loses $100B in value
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Crypto market sheds $100B as Bitcoin, Ethereum drop sharply.
The global crypto market lost over $100 billion after Bitcoin plunged to $104,000 and Ethereum posted double-digit losses. Nearly $19 billion in leveraged positions were liquidated across exchanges within 24 hours. Analysts said the correction reflects risk-off sentiment following regulatory uncertainty and reduced institutional inflows.