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June 23, 2025

Jitters in the Crypto Sphere Amid $1 Billion BTC Shorts

The cryptocurrency market is on edge as Bitcoin dips below the $100,000 threshold due to rising fears in the Middle East. This decline has triggered significant liquidations, with a staggering $1 billion stalled in Bitcoin short positions. The ongoing battle continues as bulls, bears, and crypto whales navigate through the crucial support zone of $97,000 to $102,000. Market participants eagerly await indicators to guide their next moves in this high-stakes environment. Will the bulls regain control, or will bears rule the day?

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