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Bitcoin (BTC) starts the first full week of August with a shock as global stock markets see a record-breaking correction. BTC price downside is taking everyone by surprise as BTC/USD hits its lowest levels since February. Down nearly $18,000 in days, Bitcoin is joining an alarming comedown across risk assets worldwide as talk of recession takes hold in the United States. The speed of the turnaround in crypto market sentiment is a sight to behold — just a week ago, Bitcoin was trading near $70,000, and analysis saw new all-time highs coming next. Now 25% lower, BTC price action is busy liquidat…

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