Bitcoin Plunges to Multi-Month Low Near $65K as $1.8 Billion in Liquidations Shake Crypto Markets

Bitcoin fell to a two-month low near $65,000, marking its third test of February lows amid widespread market turbulence. The selloff triggered over $1.5-1.8 billion in liquidations across leveraged positions, with Bitcoin, Ethereum, XRP, and major altcoins experiencing sharp declines. High leverage levels contributed to the volatility as forced liquidations intensified the downturn.

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