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Bitcoin drops toward $74K as liquidations top $1 billion

Bitcoin drops toward $74K as liquidations top $1 billion
AI summary

Bitcoin slid toward $74,000, breaking below $75,000 as leveraged liquidations across crypto topped $1 billion. Weekly spot Bitcoin ETF outflows of $1.28 billion added to the selling pressure ahead of Tuesday's U.S. inflation data. Traders are watching the inflation print as the next catalyst, with forced deleveraging amplifying downside moves.

Narrative history
40 linked stories · 13 outlets · since 12 Oct
  1. 4H AGO
    Decrypt · Score 55 · via US Inflation, Inflation
  2. 10H AGO
  3. 10H AGO
  4. 13H AGO
    CryptoPotato · Score 72 · via $74K, Bitcoin drops
  5. 15H AGO
    crypto.news · Score 55 · via keeps rate, alive
  6. 17H AGO
    You’re reading this
    Bitcoin drops toward $74K as liquidations top $1 billion
    crypto.news · Score 78
  7. 8 NOV · 23:36
    BeInCrypto · Score 78 · via $74K, toward $74K
  8. 6 NOV · 17:49
    Cointelegraph · Score 62 · via rate-hike bets, rate-hike rate-hike
  9. 25 OCT · 06:00
    CryptoPotato · Score 25 · via Schiff calls, Schiff
  10. 17 OCT · 11:13
    BeInCrypto · Score 20 · via slips hot, hot inflation
  11. 16 OCT · 18:30
    Bitcoin Magazine · Score 25 · via hot inflation, hot
  12. 16 OCT · 15:20
  13. 15 OCT · 15:53
    Bitcoin Magazine · Score 65 · via hot inflation, inflation data
  14. 15 OCT · 15:20
    Decrypt · Score 75 · via Liquidations $1B, $1B
  15. 15 OCT · 15:10
    Cointelegraph · Score 65 · via pressures risk, hot
  16. 15 OCT · 14:44
  17. 15 OCT · 13:53
    The Defiant · Score 65 · via bitcoin slips, slips
  18. 15 OCT · 13:33
    Bitcoin.com News · Score 72 · via gasoline, Fed rate
  19. 15 OCT · 12:46
    CryptoPotato · Score 55 · via sell-off sell-off, inflation data
  20. 15 OCT · 11:48
    Decrypt · Score 72 · via hot inflation, hike
  21. 15 OCT · 10:16
    CoinDesk · Score 65 · via Bitcoin slips, slips
  22. 15 OCT · 09:40
    CryptoNews · Score 25 · via revives, inflation revives
  23. 15 OCT · 07:54
    BeInCrypto · Score 65 · via 80000 hot, 80000
  24. 15 OCT · 07:28
    CryptoNews · Score 65 · via Fed rate, Fed
  25. 15 OCT · 03:57
  26. 15 OCT · 01:05
    Crypto Briefing · Score 55 · via US inflation, inflation data
  27. 14 OCT · 21:10
    CryptoSlate · Score 72 · via rate hike, hike
  28. 14 OCT · 17:52
    Bitcoin.com News · Score 65 · via slips hot, Bitcoin slips
  29. 14 OCT · 16:51
    The Block · Score 75 · via hike fears, hike
  30. 14 OCT · 14:51
    Decrypt · Score 75 · via hot inflation, hot
  31. 14 OCT · 14:30
    Bitcoin Magazine · Score 55 · via hot US, US inflation
  32. 14 OCT · 13:50
    Bitcoin.com News · Score 75 · via 3.7%, inflation hits
  33. 14 OCT · 12:59
  34. 14 OCT · 12:35
    CryptoPotato · Score 75 · via hike fears, hike
  35. 14 OCT · 12:35
  36. 14 OCT · 12:33
  37. 14 OCT · 11:15
    CoinDesk · Score 20 · via US inflation, Print
  38. 14 OCT · 10:51
    CoinDesk · Score 25 · via await US, await
  39. 14 OCT · 09:45
    CoinDesk · Score 55 · via Bitcoin slips, slips
  40. 14 OCT · 03:50
    CoinDesk · Score 55 · via rate hikes, hikes
  41. 12 OCT · 11:41
    Decrypt · Score 47 · via await US, await
Most read · 72h

Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

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