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Bitcoin Pumps Above $63K, Prompts Liquidations Worth Over $74 Million
- Bitcoin has rallied 10.7% this week, trading at $63,657.
- Bitcoin's bullish move resulted in liquidations worth over $74 million and losses of nearly $79 million for short traders.
- The rally is attributed to the Fed's decision to reduce interest rates.
- All top ten cryptocurrencies, including BNB, Solana, Ethereum, and Dogecoin, are in the green.
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