Bitcoin falls below $65,000, causing $488 million in losses across the network

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According to Binance market data, Bitcoin fell below $65,000 and is now trading at $64,730, a daily drop of 2.52%. Ethereum fell below $3,400 and is now trading at $3,396, a daily drop of 5.63%. According to Coinglass market data, the total liquidation of the entire network in the past 24 hours was $488 million, including $435 million in long orders and $53.08 million in short orders.

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