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The Economic Times

Business

Bitcoin hits two-week low at $76,711 as liquidations top half a billion

Bitcoin Rachael Lucas United States Iran

Bitcoin weakened to its lowest level in more than two weeks as broad macro risks stemming from the US-Iran war prompted traders to cut back their positions.

The original cryptocurrency fell to as low as $76,711 on Monday, the lowest since May 1, before paring some losses. Other tokens, including Ether and Solana, also fell.

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