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BTC Erases Gains in Global Risk-off Flush Amid Middle East Military Escalation

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Abstract
On April 7, bitcoin tumbled below $68,000, hitting an intraday low of $67,724. This marked a swift reversal from the previous day’s attempt to break the $70,000 resistance level. Key Takeaways: Bitcoin fell below $68,000 on April 7 following U.S. and Israeli military strikes on Iranian infrastructure. High volatility led Coinglass to report $60.63 million […]
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