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In the last 60 minutes, more than $ 112 million long positions were liquidated as traders cut risk in anticipation of the FOMC meeting minutes.
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Bitcoin fell below the psychological levels of $90,000, taking millions of long positions out of the market.
Coinglass data shows that more than $112 million in long positions have been liquidated in the past hour. This came after the price of Bitcoin fell below the psychological level of $90,000 as the countdown to the release of the minutes of the October FOMC meeting continued.