In brief

  • Long positions accounted for 88% of liquidations over 24 hours as prices fell.

  • Bitcoin and Ethereum have fallen to their lowest levels since August.

  • Friday’s producer price data could influence expectations for the size of the Fed’s rate hike in December.

Read the original story Nearly $600 million in crypto long positions liquidated as Bitcoin and Ethereum fall to their lowest levels since August by Kamina Bashir on se.beincrypto.com

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