Bitcoin tumbles below $69,000 as Nvidia turmoil adds to Fed-driven market jitters
AI summary
Bitcoin fell below $69,000 as turmoil around Nvidia compounded market jitters tied to the Federal Reserve. The move triggered $798 million in crypto liquidations over four hours, of which $718.5 million were long positions. Traders care because the heavy long flush shows leveraged bullish positioning being forced out, which can amplify downside volatility.
