Bitcoin plunges to $76K as hourly liquidations near $600M
Bitcoin's price suddenly dropped to $76K, triggering roughly $600 million in hourly liquidations. The selloff coincided with a broader risk-off move as Wall Street's S&P 500 erased $2.2 trillion in market cap within 40 minutes. Traders should watch for cascading leverage unwinds and whether equities stabilize, since the crypto plunge tracked the equity selloff.