Bitcoin Falls Below $75K as $400 Million in Long Liquidations Shake Crypto Market

Bitcoin fell below the critical $75,000 level, triggering a rapid wave of forced liquidations across crypto derivatives markets as leveraged traders were wiped out during a sharp sell-off. More than $400 million worth of long positions were liquidated in a matter of minutes, according to market data trackers, intensifying downside pressure across major cryptocurrencies.