In brief

  • 88% of 24-hour liquidations came from longs after prices swung lower

  • Bitcoin and Ethereum fall to their lowest levels since August

  • Friday’s producer price data could change expectations for the size of the U.S. Fed’s December rate hike

Read the original story: Crypto Longs Liquidated for Nearly $600 Million After Bitcoin and Ethereum Hit Their Lowest Levels Since August, by Kamina Bashir at th.beincrypto.com

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