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Raoul Pal Reacts To Crypto Crash - This Was Planned! - Bitcoin Price Go Lower?Bitcoin price crashed from $45, to $41, This drop of % triggered nearly $ million in positions to be liquidated, according to data. Crypto prices can be dramatically affected by major events, such as exchanges or coins crashing. They can also sink with higher interest rates. Bitcoin's value fell by more than half its value since its November peak, which caused the entire cryptocurrency market to collapse.