Bitcoin Drops to $68,888 Amid $454.7M Liquidations
5 Articles
5 Articles
Bitcoin Breaks Below $70,000 as Liquidations Sweep Through Leveraged Longs
Bitcoin (BTC) fell below $70,000 late Thursday in the U.S. and kept sliding past midnight, touching $67,555 on Coinbase as forced selling swept through leveraged crypto positions. The first trade under $70,000 on Coinbase’s BTC-USD market came in the hour after 9 p.m. ET Thursday (02:00 UTC Friday), and the following hour closed below that level, according to Coinbase hourly price data. The low came in the hour starting at midnight ET. At 3:18 a…
Bitcoin dropped below $70,000; $1.65 billion was liquidated, while $918.6 million remained in BTC. Spot price is $68,334, with support nearing $67,500.
Bitcoin Drops to $68,888 Amid $454.7M Liquidations
Bitcoin fell below $70,000, triggering $454.7 million in liquidations. ETF outflows and miner selling pressure weighed on the asset as market sentiment turned to extreme fear. Read the original on Bitcoin drops to $68,888 as $454.7M in longs liquidate. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
🚨 Bitcoin fell below $70,000, resulting in $1.65 billion in liquidations in the market in 24 hours. 📉 $XLM reacted around $0.15, while HYPE recovered from $69.83 to $73.99 during the day. 🧭 $918.6 million of the liquidations occurred in Bitcoin, with selling pressure accelerating after the unraveling in AI stocks. Read More: Hyperliquid Remains Stronger While Bitcoin Falls Below $70,000 The article "Hyperliquid Remains Stronger While Bitcoin …
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