Bitcoin Slips as Macro Rout Wipes Out Leveraged Crypto Bets
Bitcoin gives up Clarity Act gains as macro rout wipes out leveraged crypto bulls
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- What moved bitcoin and the broader crypto market
- What “Clarity Act gains” refers to (and what changed afterward)
- What the “macro rout” was (rates, equities, bonds, data releases, etc.)
- Evidence of leveraged positioning being unwound (liquidations, funding, open interest)
- Why it matters for market structure and near-term risk appetite
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