Bitcoin hovers near $83K as Asian stock sell-off triggers over $800 million in crypto liquidations

Bitcoin's price remained steady at around $83,300 on Wednesday, despite a sharp decline in Asian stock markets. This sell-off triggered over $800 million in cryptocurrency liquidations, as investors rushed to cut their losses. The decline in Asian stocks and rising tech volatility are contributing to broader macroeconomic uncertainty, which is affecting investor sentiment and weighing on the cryptocurrency market. This uncertainty is also affecting institutional demand for Bitcoin, making it a challenging time for investors.

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A sharp sell-off in Asian equities has triggered over $800 million in crypto liquidations, which could lead to a decline in investor sentiment and a potential drop in crypto prices. The broader macroeconomic uncertainty is also contributing to the risk-off

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