Bitcoin drops below $69,000 as selloff deepens and long bets get liquidated

Bitcoin fell below $69,000 as the selloff pushed prices to new lows, with Ether, XRP and SOL also hitting four-week lows on Coinbase. Most tracked liquidations were bullish bets, meaning leveraged long positions were forced out. Traders should watch whether this long flush stabilizes the market or signals deeper downside across major tokens.