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Key takeaways:
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Bitfinex Bitcoin margin longs hit 2-year highs, but arbitrage suggests this isn’t a purely bullish price indicator.
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Bitcoin price drops as tech stock valuations and gold gains drive investors toward cautious, risk-averse behavior.
Bitcoin (BTC) price plummeted to its lowest level in over two months on Thursday, retesting the $84,000 support. This sell-off aligned with a broader move toward risk aversion after Microsoft (MSFT US) shares tanked 11% following reports of increased capital…
