Breaking News: Bitcoin (Btc) Experiences Sharp Decline.

Bitcoin (BTC) has fallen below 35,000 dollars! What are the developments? Bitcoin experienced a decline, dropping to levels around 34,800 dollars.

Volatility has been observed in the cryptocurrency sector as of today. The leading cryptocurrency, Bitcoin (BTC), faced significant selling pressure in the past few minutes.

Bitcoin, dropping to levels around 34,800 dollars in a short period, led to substantial losses in altcoins as well. At the moment, there is no precise information about what triggered this sudden decline. When looking at the overall market situation, there seems to be no news that could trigger such a drop.

According to data from CoinGlass, a total of $196 million worth of positions were liquidated in the crypto market in the last hour. It is reported that a significant portion of these liquidated positions, specifically $193 million, were long positions.

Furthermore, in the past 24 hours, $368 million worth of positions have been liquidated. The report indicates that $325 million of these liquidated positions were once again long positions.

The current situation suggests the possibility of a liquidation operation if BTC manages to rise above the $36,000 level in the shortest time. However, market conditions can change rapidly, so paying attention to current analyses and data is important.

The recent volatile movements and sudden declines in the cryptocurrency market have exposed many investors to the risk of liquidation in recent days. The price drops in Bitcoin and altcoins, in particular, have forced some investors to exit their positions and face liquidation.

The sudden drop in Bitcoin can potentially trigger a broad liquidation wave by affecting other altcoins. This situation may reflect significant selling pressure in the market and the tendency of investors to close positions to protect their assets.

However, each liquidation case is unique and is often influenced by various factors such as market conditions, news, and overall demand. It is essential to follow current market analyses to determine the latest situation.

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