Crypto markets bleed as bitcoin hovers above liquidation zone

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Bitcoin price dropped to $63,000 due to a strengthening dollar and weakening equities, increasing the risk of further liquidations and a potential slide to $52,500.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Bitcoin dropped to $63,000 as the dollar climbed and equities weakened. A break below $60,000 risks further liquidations and a slide toward $52,500.

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Original article published by CoinDesk on February 24, 2026.
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