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Crypto markets experienced turbulence over the past 24 hours, with over $630 million in leveraged positions liquidated, 89% of which were long positions—highlighting overly bullish positioning.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) faced renewed selling pressure on Monday, following corrections of 0.3%, 3.5%, and 2%, respectively, in the previous week.
Gold (XAU/USD) struggles to capitalize on Friday's move higher and oscillates in a narrow trading band below the $3,700 mark at the start of a new week.