Bitcoin Tumbles to $67K as Asia Begins Trading Day


          Over $100 million in bitcoin long positions have been wiped out as the world's largest digital asset fell from $70K.

The price of bitcoin BTC fell to as low as $67,000 during Friday's Asian trading hours, down 7%, before recovering to around $68,500.

The CoinDesk 20 index, a measure of the largest and most liquid digital assets, fell 6%. Data from CoinGlass shows that over $100 million in long positions have been wiped out over the last 12 hours, while $167 million in longs have been liquidated over the last 24 hours.

Other assets like gold and Wall Street's tech-heavy index Nasdaq have also come under pressure this week.

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