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Bitcoin drops below $73,000 as U.S. strikes on Iran spark $1 billion liquidations

Bitcoin drops below $73,000 as U.S. strikes on Iran spark $1 billion liquidations

Crypto majors sold off 3% to 4% and nearly $1 billion in leveraged positions were wiped out after U.S. airstrikes on an Iranian military site near the Strait of Hormuz reignited the conflict markets had started to price out.

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