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Dogecoin, Ether Slump 9% as Bitcoin Tumble Leads to $700M in Bullish Liquidations

Dogecoin and Ether have both experienced a significant drop of 9%, following Bitcoin’s 4.5% decline below $80,000, leading to $700 million in long liquidations. This sell-off particularly affected traders with leveraged positions, and market analysts suggest that a cautious investment approach may dominate until the U.S. economic outlook becomes clearer.

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