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Bitcoin falls nearly $2,000 in 20 minutes as $400 million in longs get liquidated

What happened

A sharp flash crash pushed Bitcoin to its lowest level since April and wiped out leveraged bulls across major tokens Bitcoin dropped nearly $2,000 in about 20 minutes, and roughly $400 million in leveraged long bets went up in smoke along the way. On October 6, 2026, Bitcoin.

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