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Bitcoin is holding above $70,000 despite broader risk-off pressure across global equities, as markets await key U.S. jobs data scheduled for Wednesday.
Notable Statistics:
Coinglass data shows 102,178 traders were liquidated in the past 24 hours for $408.19 million.
In the past 24 hours, top gainers include Kite, Humanity Protocol and World Liberty Financial.
Notable Developments:
Trader Notes: Crypto chart analyst Ali Martinez highlighted that Bitcoin has historically formed major market bottoms near the −1.0 MVRV pricing band, which currently sits around $52,040. This level has previously marked areas of long-term value during drawdowns.
Crypto Tony noted that Bitcoin’s short-term…
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