Bitcoin falls below $76,000 as liquidations top $428 million
BROBROK News · Based on reporting by Portal do Bitcoin ·
Bitcoin dropped below $76,000 on Thursday, erasing most of the rebound seen after the U.S. legislative elections. The move came alongside heavy selling in U.S. tech stocks and a wave of forced liquidations across crypto markets.
Key points
- BTC fell more than 4% in 24 hours and traded near $76,186.
- Ethereum, Solana, XRP, BNB and Dogecoin also posted sharp losses.
- CoinGlass data shows about $428 million in long positions were liquidated in one hour.
- The selloff followed a broader slump in technology and semiconductor shares.
- The move highlights Bitcoin’s sensitivity to risk sentiment in traditional markets.
Why it matters
The drop shows Bitcoin is still trading like a risk asset during market stress. For crypto investors, it underscores how quickly leverage and tech-stock weakness can spill into digital assets.
Original headline: “Bitcoin desaba para US$ 76 mil e provoca US$ 428 milhões em liquidações em uma hora”
Read the original on Portal do Bitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.