Bitcoin falls under $75k
Bitcoin’s price recently dropped sharply from nearly $83,000 to below $75,000 in just a few hours. This sudden decline led to significant liquidations, erasing around $990 million in leveraged bets. Traders had taken high-risk positions, borrowing funds in anticipation of Bitcoin’s rise. However, the unexpected price fall caught many off guard. Before this crash, Bitcoin had been performing well, even outpacing major stock markets. Some investors viewed it as a