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Bitcoin (BTC) Price Pulls Back from $70,000 Milestone as Market Sees $200M in Liquidations

  • Bitcoin failed to hit $70,000, dropping below $67,000 with $123M in long positions liquidated
  • ETF investments remain strong with over $2.2B in inflows last week
  • Markets show correlation with traditional stocks, 40-day correlation above 80%
  • Derivatives markets remain stable despite price decline

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