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Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Bitget, rising 34.28%.
Bitcoin fell to as low as $92,144 before rebounding to $99,500 as it appears to have been a mini flash crash of the token on December 5. Although it feels like there is still room to run, investors are taking profits, said Josh Gilbert, a market analyst at eToro. Crypto liquidations broke past $1.5 billion within the past 24 hours, Bloomberg writes, as the price of bitcoin retreated from the $100,000 level. Nearly 514,400 traders experienced liquidations, among them $1.38 billion were long positions with $137.7 million in short positions liquidated.
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