Bitcoin slipped to about $73,500 late Sunday before briefly rebounding above $75,000 amid liquidations and pressure across equity markets. Roughly $1.12 billion in leveraged crypto positions were liquidated over 24 hours as the price fell below several average-cost indicators. Volatility in equity markets increased after Nvidia announced an independent investigation into allegations targeting CEO Jensen Huang, despite denials from Taipei, Seoul and Beijing. The upcoming US inflation reports on Tuesday and Friday, along with comments from Federal Reserve officials, are now in focus as oil remains close to $90 per barrel.
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