Bitcoin retreats to about $83,000 as liquidations and Fed leadership uncertainty weigh on markets
Bitcoin plunged sharply on Friday to its lowest level in more than two months, falling about 6.4% to around $82,620 as a wave of forced liquidations hit leveraged traders and markets reacted to uncertainty around U.S. Federal Reserve leadership. Data showed approximately $1.68 billion of leveraged crypto positions were liquidated in the past 24 hou…