On December 5, the crypto market was struck by an event as sudden as it was spectacular: a staggering drop in bitcoin. In just a few minutes, its price collapsed, leading to colossal losses for investors. This brutal correction comes shortly after the flagship crypto asset first crossed the symbolic threshold of $100,000, even surpassing it with an all-time high of $104,000. Yet, this achievement quickly gave way to a climate of panic in the markets, further exacerbated by massive liquidations of long positions amounting to $303 million.
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