Bitcoin Falls Below $75K for First Time in a Month Amid Near-$1 Billion Crypto Liquidations
Bitcoin dropped below the $75,000 level on May 23, marking its first time under that threshold in over a month. The decline triggered nearly $917 million in crypto futures liquidations within 24 hours, with Bitcoin and Ethereum leading losses. ETF outflows of over $1.25 billion may have contributed to the price drop.
Topics: Bitcoin Crypto liquidations ETF outflows Ethereum Solana