Crypto Market Consolidates Ahead of FOMC Minutes as $600M in Longs Liquidated
- —Bitcoin slid to $83,000–84,000 after failing to hold the $87,000 range
- —Over $600 million in longs liquidated; ETH at $2,564, SOL at $116, XRP at $1.42
- —Market cap fell 2.12% while trading volume rose to $185 billion from $135 billion
- —Key BTC levels: $83,000 and $81,000 support, $87,000 resistance
Why it matters: The FOMC minutes will determine whether this is a temporary leverage reset or the start of a deeper correction.
Source: Coinpedia
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