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The $BTC exchange rate rose more than 5% over the day from November 15 to 16, at one point reaching $37,890 when paired with the $USDT stablecoin. $BTC is now trading at $37,570. 📊
Cryptocurrency price spikes have triggered a massive liquidation of traders' margin positions on cryptocurrency exchanges. According to Coinglass, over 51,000 traders have collectively lost more than $155 million over the past 24 hours, with the largest liquidation of $2.93 million on the Binance exchange.
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