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Crypto Market Retreats Amid Macro Uncertainty, $608M Liquidations

Crypto Market Retreats Amid Macro Uncertainty, $608M Liquidations

Author:

Global Cryptocurrency

Published:

2025-12-01 14:09:01

19

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BTCCSquare news:

The cryptocurrency market cap teeters near $3 trillion after a 5.2% decline, with 96 of the top 100 coins sliding. Bitcoin (BTC) dropped 5.3% to $86,153 while Ethereum (ETH) fell 6% to $2,823. Traders await clearer signals from US macroeconomic data as Coinglass reports $608 million in liquidations.

Santiment data suggests stablecoin yields indicate no market overheating. Despite volatility, analysts maintain bullish projections for BTC through 2026-2027. 'Directionless volatility will dominate coming months,' one observer notes, while another emphasizes: 'Price alone doesn’t reflect industry progress.'

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