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Bitcoin falls below $70,000 as $870 million in bullish bets are liquidated

By Liam 'Akiba' Wright

CoinGlass's 24-hour figures showed heavy pressure on bullish positions amid rate and NVIDIA uncertainty, while Microsoft's outage continued. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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