Bitcoin News: Bitcoin Price Slips to 7-Week Low as $530M Liquidations Fuel Bearish Pressure

Key Takeaways:Bitcoin dropped to its lowest level since July 8, with price dipping below $109,000. Over $530 million in crypto liquidations hit markets in 24 hours, largely driven by whale selling. Analysts say a bullish RSI divergence could spark a short-term bounce toward $123,000. September’s seasonality and fresh US inflation data add to bearish risks, with eyes on Fed rate cuts source: https://www.binance.com/en/square/post/29011686792362?utm_source=BinanceNewsRSS